The Co-founder and CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), has said in a recent interview with CNBC that the crypto industry will survive no matter how tough regulation would be.
Binance CEO says crypto is independent enough to survive regulation regardless of any one country.
"Cryptocurrency will survive regardless of any one country. Most countries that try to ban bitcoin cause their citizens to want cryptocurrency more," he said.
Previously iHodl reported that Goldman Sachs-backed fintech startup Circle decided to shift its business from the U.S. to Bermuda due to "mounting regulatory pressures in the United States."
Moreover, the U.S. President Donald Trump earlier shared for the first time his opinion about bitcoin, Libra and other cryptocurrencies.
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