Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a "Truly Remarkable Moment"
After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President of the Central African Republic (CAR). Some of the topics discussed by the two were focused on “education, investments and crypto adoption in the Central African Republic.” ‘An Incredibly Important Step’ for the CAR
As part of his latest effort to drive adoption in Africa, Changpeng Zhao, the CEO of the global cryptocurrency exchange Binance recently met the Central African Republic (CAR) President Faustin-Archange Touadéra. The meeting comes just a few months after the CAR became the first African country to make bitcoin legal tender.
In a tweet in which he lauds the meeting, the CAR leader described his encounter with Zhao as “an incredibly important step” for his country.
According to Touadéra, during the meeting, which he also called “a truly remarkable moment,” the Binance CEO shared “some brilliant ideas” based on his experience with the crypto exchange. Touadéra added: Education, investments, crypto adoption in the Central African Republic and the region and the Sangoproject vision, were some of the topics of the meeting. Better things are shaping up for what’s to come. CZ Meets Leader of Another Bitcoin Adopting Country
In a tweet confirming the meeting, the Binance CEO said the two had “discussed education, investments, regulatory frameworks, and crypto adoption.”
Before his latest meeting with the CAR leader, Zhao, who has previously said he is on a mission to drive adoption in Africa, met with the Presidents of the Ivory Coast and Senegal. Meanwhile, the Binance CEO’s meeting with Touadéra marks the second time Zhao has met with the leader of a nation that has legally adopted bitcoin. El Salvador President Nayib Bukele is the first leader of a bitcoin-adopting country tohost the Binance CEO.
Meanwhile, despite the CAR’s ongoing efforts to bolster the uptake of Sango coin sales, the number of tokens sold was still below fifteen million at the time of writing. This indicates that more than 195 million Sango coins out of 210 million are yet to be acquired some two weeks after the token sale commenced.
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Tags in this story Binance CEO, bitcoin legal tender el salvador, Changpeng “CZ” Zhao, Crypto Adoption, Crypto regulation, Cryptocurrency Exchange, Faustin-Archange Touadera, Sango coin
What are your thoughts on this story? Let us know what you think in the comments section below. Terence Zimwara
Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route. Speculators and Crypto Traders Blamed for Naira"s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start AFRICA | 4 days ago Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days AFRICA | Jul 30, 2022
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