Nouriel Roubini, Binance CEO, Calls “CZ” “A Person with Negative Energy”
On Thursday, Binance CEO Changpeng Zhao “CZ” Zhao responded to Nouriel Roubini’s attack on him. Nouriel Roubini is called impolite, irrational and a person with negative energies by Binance CEO Changpeng “CZ” Zhao. Nouriel Roubini attacked Binance CEO “CZ”, after the crypto exchange was granted a crucial license in the United Arab Emirates.
Nouriel Roubini’s Attacks: Binance CEO “CZ”, Response
On November 17, Binance CEO “CZ,” responded to Nouriel Roubini at the Milken Institute Middle East and Africa Summit. He called him a “walking bomb.”
Binance CEO stated that people like Nouriel Roubini, who attack others in order to gain focus, should be removed from the country. He also called Nouriel Roubini impolite and irrational for not respecting the local culture.
“There are people who want to be famous by attacking others. Negative energy is a sign of low energy and can make it difficult for people to succeed in life. “We don’t put our energy into that.”
Binance CEO claims Roubini attacked regulator and misrepresented facts about crypto exchange. Binance is the crypto exchange that has the most licenses, with 15 worldwide. Binance US also has licenses in 44 US States.
Binance works with top regulators around the globe. Binance refers to Abu Dhabi Global Market, one of the most respected and solid regulators in all of the world, for its early work on crypto regulations.
CZ clarified that Binance was not banned in the UK because it doesn’t hold a license there. He commented on the trust in crypto after the FTX crisis and said that there are both good and bad players in all industries.
Binance prepares Crypto Market Recovery Fund
Binance CEO “CZ”, revealed details about the industry recovery fund at the Abu Dhabi Global Market’s Crypto Conference, November 16. The fund will assist projects affected by the liquidity crisis that followed the collapse of rival FTX.
Binance was granted a Financial Services Permission (FSP), license by the Financial Services Regulatory Authority of Abu Dhabi Global Market. This license will allow Binance the ability to offer custody services in Abu Dhabi. The MVP license is also available in Dubai for the crypto exchange.
Also read: Lawmakers grill Binance over FTT Tokens Sale That Caused FTX Collapse
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