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Cryptocurrency Industry Healthy Despite FTX Setback, says Binance CEO Zhao

During an interview with Haslinda Amin on “Bloomberg Daybreak: Europe,” Changpeng ‘CZ’ Zhao, the chief executive officer of Binance Holdings Ltd., shared his views on the recent downturn of Sam Bankman-Fried’s FTX domain and its potential effects on the wider crypto sector. Additionally, he elaborated on Binance’s strategic approach and the consideration of establishing a fund worth around $1 billion to acquire distressed assets in the digital-assets realm.

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Credit: YouTube/Bloomberg Television

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