Crypto Star «CZ» Visiting Switzerland
After the FTX bankruptcy, the CEO of the world’s largest crypto exchange is busy dispelling fears about the future of the crypto industry. Now he is coming to Switzerland.
Co-founder and CEO of Binance Changpeng Zhao, aka CZ, will attend the annual Crypto Finance Conference (CFC) on January 11-13 in St. Moritz, Switzerland, according to conference organizers announced Friday.
«Crypto has had a challenging couple of weeks. While this has set us back, we are also in a strong position to see the emergence of a healthier industry with strong user protection at its core,” Zhao said in the statement.
Industry rescue plan
Binance is the world biggest According to trading volume and after the FTX collapse this month, Zhao announced that he will allocate up to $2 billion to Binance’s crypto rescue plan to help troubled projects.
Initially interested in buying FTX when it began to fall apart, Zhao withdrew after realizing he could not trust the information provided to him. Instead, the Binance CEO now plans to look at FTX’s assets as they make their way through the bankruptcy process, he told Bloomberg. (behind pay wall) in an interview on Thursday.
priorities and plans
Zhao will participate in a fireside chat with the conference CEO Nicol Stohr on key developments and trends in the industry, including topics such as regulation, market conditions, the future of crypto and Binance’s priorities and plans.
Anthony Scaramucciformer White House communications director; Meltem DemirorenChief Strategy Officer of CoinShares and Eva KailiVice-President of the European Parliament, will also attend the three-day conference.