Preventing hacks is the most important thing for the survival of the virtual currency industry while governmental regulatory policies will determine the way of crypto development, Changpeng Zhao, the CEO of Binance, one of the largest crypto markets, said in an interview with US magazine Forbes on Thursday.
Asked whether security is the key component for the mass adoption of blockchain and cryptocurrencies, Zhao emphasized that this is the crucial point.
“I don’t think it’s a key component for mass adoption, I believe security is the fundamental pillar for the industry to continue existing. It’s paramount for crypto and block...
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