Zhang Bing Zhao, CEO of Binance, the largest cryptocurrency trading platform in the world, explained that what he most excited about in cryptocurrencies during 2022 is the trend of countries to legalize the work of the cryptocurrency market and grant licenses to operating companies.

“Now we’re seeing regulators who want to be part of this industry, so I think that’s one of the most important things we’ve changed,” Zhao said.

He added:

Multiple countries, such as the United States and Bahrain, have issued a regulatory order on stablecoins, while Dubai has built a regulatory framework and issued a number of licenses to major platforms.

The CEO of Binance, praised France, Portugal, Sweden and Gibraltar for enacting positive regulations in relation to cryptocurrencies.

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He commented:

I think this helps the progress and growth of the cryptocurrency markets.

Zhao also expressed enthusiasm for recent innovations, such as metaverses and game financing.

I finished

Little things like this indicate how comfortable we feel about the government here, which is why we want to make huge investments and grow the industry in France.

It is worth noting that more than 60% of traditional companies made profits when entering the blockchain space in France, compared to only 20% in the global market.

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