Changpeng Zhao (CZ), the Chief Executive Officer of the largest crypto exchange platform Binance met with the Ivory Coast's (Côte d'Ivoire) president Alassane Ouattara. They discussed economic and financial aspects related to crypto.
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CZ tweeted that Africa is primed for crypto adoption with 10-20% of its population being banked. He mentioned that there is a need for financial access and inclusion, and blockchain provides that with a smartphone.
Africa is primed for crypto adoption. 10-20% banked. Need financial access and inclusion. Blockchain provides that with a smart phone.
— CZ 🔶 Binance (@cz_binance) July 6, 2022
Binance also collaborates with Cambodian authorities to build a legal framework for digital assets. Cambodia's Securities and Exchange Regulator said it aims to develop the country's securities sector with Binance.