Binance CEO CZ Supports Pro-Crypto Ron DeSantis For President

Also Read: United States Set To Vote On Debt Limit Bill, Rep. McHenry Confident On Majority

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In the context of banning CBDC use in Florida, the Governor said the current US administration is looking to regulate the Crypto Market so hard that it will not be able to operate in the US. He added that “Bitcoin represents a threat to the current regime.”

Binance CEO CZ Welcomes Ron DeSantis Running For President

Speaking in an Ask Me Anything event on Wednesday, Changpeng Zhao, the chief executive officer of top Crypto exchange Binance welcomed the open support to crypto industry by the likes of DeSantis. CZ applauded DeSantis and Francis X. Suarez, the Mayor of Miami, for their pro-crypto stance. On the prospect of DeSantis running for president, he responded,

“That would be great.”

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Referring to the shutting down of crypto friendly banks like Silicon Valley Bank and the various ongoing lawsuits, he said the United States is currently not looking positive to the crypto ecosystem.

Also Read: Binance Reportedly Plans To Start Layoffs In June, Another FUD?

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