Changpeng Zhao proved that user information about the legitimization of cryptocurrency exchanges is erroneous. CEO Binance commented on the post's author on Twitter.
China will not license cryptocurrency exchanges
Twitter user @Crypto_Even posted a post and attached a photo of the document. According to the author, the evidence proves that China legalizes cryptocurrency exchanges.
The head of the Binance exchange reacted to the post. Changpeng Zhao noted that even if the document is authentic, it constitutes evidence of business registration confirmation. But the information is not related to the legitimization of cryptocurrency platforms in the country.
Zhao's response has been joined by Primitive Fund partner Dovi Wang. Wang emphasized that China has no concept of “legalizing cryptocurrency exchanges.” Wang added that companies are getting registered to provide services in the field of digital assets.
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