Binance CEO Makes Policy Visit to West Africa
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Binance CEO Makes Policy Visit to West Africa


<p>The CEO of Binance,
Changpeng Zhao, recently embarked on a policy visit to West Africa. </p><p>Binance disclosed this on Thursday in a statement shared with Finance Magnates.</p><p>During the tour, the
founder of the world’s largest cryptocurrency exchange met with Presidents
Alassane Ouattara of Ivory Coast and Macky Sall of Senegal.</p><p>Zhao reiterated the
exchange’s commitment to partnering with policymakers in the continent.</p><p>Additionally, the Binance CEO emphasized the importance of blockchain to the financial economies during the
visit. </p><p>“Africa is primed for
crypto adoption as blockchain provides financial accessibility not currently
available to lots of Africans,” Zhao was quoted to have said.</p>Binance in Francophone
Africa<p>In the statement,
Binance said that Zhao during the visit announced the exchange’s partnership
with JokkoLabs, a non-profit organization that supports social entrepreneurship. </p><p>Under the partnership,
both organizations will work on a blockchain awareness and education programme
targeted at communities in Francophone Africa.</p><p>According to Binance,
which recently
raised $500m to fund cryptocurrency
and third-generation web projects, the collaboration will include monetary
donations for community education workshops. </p><p>These workshops will be
designed to increase blockchain literacy and skills in the region, Binance
said.</p><p>“Binance aims to build
the fintech community across the Francophone Africa region, ensuring
enthusiasts are empowered to build blockchain solutions and solve real-world
problems,” Binance explained.</p><p>In January, Binance emerged as the exclusive cryptocurrency and blockchain
sponsor of the Africa Cup of Nations (AFCON) 2021 tournaments, which is the biggest
football contest in Africa.</p><p>During his recent visit to the Philippines, Zhao disclosed that Binance was after virtual asset service provider and the electronic money issuer
licenses in the Asian country. </p><p>Binance in a statement
said Zhao met with Philippine officials to discuss regulatory and banking
support for the exchange’s expansion into the country.</p><p>Furthermore, the exchange recently signed a multi-year partnership deal with Portuguese football
superstar, Cristiano Ronaldo, to exclusively launch a series of non-fungible
token collections.</p>

This article was written by Solomon Oladipupo at www.financemagnates.com.


https://www.financemagnates.com/cryptocu...st-africa/
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