The CEO of the Binance exchange is considering buying banks.
Changpeng Zhao stated that Binance is considering buying traditional banks as a way to bridge the gap between the worlds of traditional finance and cryptocurrencies.
“There are people who own certain types of local licenses, traditional banking services, payment service providers and even banks. We look at these things,” Zhao was quoted by Bloomberg.
– Grandma, will we make a deposit in ether or solan?
In general, in some way this is a collasal step, since it is known that the exchanges under the terms of the agreement “are not responsible for your funds”, which cannot be said about banks, and this kind of innovation is the Grail for storing digital assets.
