After stepping down as Binance CEO, Changpeng Zhao (#CZ ) continues to be an influential figure in the cryptocurrency world. He recently sat down with Colin Wu to discuss several topics, including his childhood in China and the cryptocurrency market.
Key Takeaways:
$ETH Ethereum and $SOL Solana: CZ sees #Ethereum as a strong platform despite public relations challenges. He believes #solana ’s success in the memecoin market is tied to FTX’s collapse.
Market and Regulation:
He argues that exchanges should focus on stablecoins and support smaller ones. He suggests that China could use Hong Kong to test cryptocurrency policies.
New Adventures:
After leaving Binance, CZ announced that he is working at YZi Labs to support entrepreneurs.
Net Worth:
With a net worth of $65.1 billion, CZ is the 24th richest person in the world.