Cryptocurrencies
Binance Chief Zhao Buys His First Home in ‘Pro-Crypto’ Dubai
- Zhao’s choice of city may offer clues for Binance’s home base
- Binance is also awaiting a license permit in Singapore
Zhao Changpeng during the Bloomberg New Economy Forum in Singapore, on Nov. 19.
Photographer: Bryan van der Beek/BloombergThis article is for subscribers only.
Changpeng “CZ” Zhao, who runs the world’s largest cryptocurrency-exchange, bought his first home last month in Dubai in a show of support for a city he describes as “very pro-crypto.”
“The government there is very progressive, and it’s a very good business environment,” the Binance founder said in an interview Friday on the sidelines of the Bloomberg New Economy Forum in Singapore.