In a recent development, Binance CEO CZ expressed his support for a new cryptocurrency exchange called EDX, which boasts backing from prominent financial institutions including Citadel Securities, Fidelity Investments, and Charles Schwab. CZ took to Twitter, sharing a screenshot of a Wall Street Journal article about the exchange and commenting on its impeccable timing.
CZ Binance Supports New Crypto Exchange
Binance CEO CZ tweeted:
Impeccable timing. But the more the merrier.
Applauding developments in times of regulatory scrutinies, he believes more competition in the crypto space is a positive thing. Clearly as a crypto exchange CEO, he is not threatened by emerging players due to its broader vision.
Though CZ Binance has expressed relief over SEC disagreement settlement, SEC is still wary of crypto developments in the US. New Exchange EDX, a “noncustodial” platform. is set to offer trading exclusively in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) init
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