Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’

2 years ago

Changpeng Zhao, the CEO of cryptocurrency speech Binance, tweeted that helium precocious held meetings with the presidents of Senegal and Ivory Coast. The meetings are portion of his inaugural which is aimed astatine driving up the adoption of cryptocurrency successful Africa and beyond.

CZ’s Meeting With the Senegalese President

The CEO of Binance, Changpeng Zhao (CZ), tweeted connected July 6 that he’d met Senegalese president Macky Sall and the cardinal bank. However, CZ neither shares details of the gathering nor does helium place officials from the cardinal slope that were contiguous astatine the meeting.

Binance CEO Meets Senegalese and Ivory Coast Presidents, Says 'Africa Is Primed for Crypto Adoption'

Still, successful the aforesaid Twitter thread, CZ spoke of however helium and President Sall had exchanged gifts. He said:

In Sénégal, gathering HE Mr President, Central Bank, and Binance Angels. Mr. President gave america a beauteous coating from a section artist, I haven’t opened it yet. Will stock a photograph aboriginal successful this thread. We gave him a BNB challenger coin (much little worth ) helium was holding successful the pic.

Zhao’s tweet astir his meetings successful Senegal came conscionable a fewer hours aft Binance Africa shared pictures of CZ attending different gathering successful Ivory Coast. The Palace of the Presidency of the Republic of Ivory Coast besides released a statement which summarized the discussions betwixt President Alassane Ouattara and Zhao.

Binance CEO Meets Senegalese and Ivory Coast Presidents, Says 'Africa Is Primed for Crypto Adoption'

The Financial Inclusion Cause

Before sharing details and pictures of his meetings with the 2 Presidents, CZ explained successful different tweet wherefore the African continent, wherever millions of radical are inactive financially excluded, is “primed for crypto adoption.”

“Africa is primed for crypto adoption. 10-20% banked. Need fiscal entree and inclusion. Blockchain provides that with a smartphone,” CZ tweeted.

CZ, who has besides held talks with the leaders of El Salvador and Kazakhstan, claimed successful different tweet that helium is “working connected adoption each astir the world.”

While a bulk of his Twitter followers commended CZ for his efforts, 1 Twitter idiosyncratic named e-king questioned the CEO’s content that Africa is present acceptable for adoption.

“Do you truly deliberation the unbanked successful Africa person entree to smartphones and the internet?” the idiosyncratic asked.

What are your thoughts connected this story? Let america cognize what you deliberation successful the comments conception below.

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