Binance founder Changpeng Zhao expressed strong support for the emergence of Dubai as a global cryptocurrency hub. At the Token 2049 event, CZ emphasized the favorable regulations and pro-innovation policies of the emirate as the main drivers of cryptocurrency business growth.
According to CZ, Dubai's cryptocurrency-friendly environment continues to attract blockchain companies and investors. He believes that Dubai's organized rules for business and tax-reduced areas have attracted many companies. Token 2049 and the HODL Summit have turned this region into one of the world's leading centers for digital assets.
In his speech, CZ shared news about Giggle Academy, a new AI-generated platform that will teach underprivileged children for free. MiniHello has connected with over 220,000 children in various regions in its first few months.
Giggle Academy uses artificial intelligence to develop lessons in over 15 languages, making education more accessible. This platform utilizes adaptive learning features and fun games to make it more engaging. This project is free for learners as CZ funds everything.
The AI education platform signals a broader technology vision.
In addition to the educational mission, the project reflects CZ's broader vision of integrating technology with social impact. He believes that AI can help overcome major global challenges by providing personalized and scalable solutions.
He also commented on the growing interest of governments in digital assets. Bhutan and the United States are beginning to build reserves of digital currencies like Bitcoin and Ethereum. Hydropower operates mining activities in Bhutan, reflecting their ambition for better sustainability of cryptocurrencies.
Additionally, CZ mentioned emerging projects like ai16z and Virtuals Protocol that use artificial intelligence combined with cryptocurrency. They can be used for both payment processes and contracts, but first, they still need to clear some rules.
He urged developers and investors not to be tempted by the AI money trend that could quickly decline. He suggested paying attention to projects that are valuable and useful in the long term.
Conclusion
CZ's announcements at Token 2049 further reinforced his belief in Dubai as a global cryptocurrency leader. At the same time, his AI-supported education project emphasizes the potential of technology in serving economic and social goals.