{"id":574036,"date":"2022-08-05T13:43:02","date_gmt":"2022-08-05T12:43:02","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=574036"},"modified":"2022-08-05T13:43:10","modified_gmt":"2022-08-05T12:43:10","slug":"binance-crypto-adoption-president-car","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/binance-crypto-adoption-president-car\/","title":{"rendered":"Binance Boss Talks Crypto Adoption And Regulation With President of Central African Republic"},"content":{"rendered":"\n<p>Summary: <\/p>\n\n\n\n<ul><li>Binance CEO Changpeng Zhao met with Faustin-Archange Touad\u00e9ra, the president of the Central African Republic.<\/li><li>The pair met this week to discuss crypto adoption and crypto regulations among other relevant matters.<\/li><li>CAR recently adopted Bitcoin and launched the Sango sidechain project.<\/li><li>CZ recently met with the Ivorian president to discuss similar topics, as reported.<\/li><li>Data shows that crypto has emerged as a hot topic across Africa in recent months. Five African countries ranked in the top 20 on Chainlysis&#8217; Global Crypto Adoption Index.<\/li><\/ul>\n\n\n\n<p>Changpeng Zhao, the CEO of leading crypto exchange Binance met with the president of the Central African Republic to discuss digital assets shortly after the country adopted Bitcoin on a national level and launched a blockchain-power project dubbed Sango.<\/p>\n\n\n\n<p>Zhao and President Faustin-Archange Touad\u00e9ra held talks on Friday. The meeting was confirmed by CZ himself who tweeted about the event to his 6.7 million followers on Twitter. Crypto regulations and adoption were chief among the topics discussed, per Zhao\u2019s post.<\/p>\n\n\n\n<p>The pair also talked about education and investment strategy.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Just met with President of Central African Republic \ud83c\udde8\ud83c\uddeb<a href=\"https:\/\/twitter.com\/FA_Touadera?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">@FA_Touadera<\/a>. Discussed education, investments, regulatory frameworks, and crypto adoption. \ud83e\udd1d <a href=\"https:\/\/t.co\/8nDzR6dau7\" rel=\"nofollow\">pic.twitter.com\/8nDzR6dau7<\/a><\/p>&mdash; CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1555492211931873282?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">August 5, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Notably, CZ\u2019s visit comes shortly after the country announced its controversial decision to adopt Bitcoin (BTC).\u00a0<\/p>\n\n\n\n<p>Despite stiff warnings from financial regulators like the IMF and the World Bank, <a href=\"https:\/\/www.forbes.com\/places\/central-african-republic\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.forbes.com\/places\/central-african-republic\/\" rel=\"noreferrer noopener\">CAR<\/a> proceeded with its BTC legalization and also launched Sango, a blockchain-powered initiative with a token component. The nation also <a href=\"https:\/\/en.ethereumworldnews.com\/central-african-republic-bitcoin-reserve\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/en.ethereumworldnews.com\/central-african-republic-bitcoin-reserve\/\" rel=\"noreferrer noopener\">approved<\/a> BTC as a reserve asset, EthereumWorldNews previously reported.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Central African Republic Greenlights <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#Bitcoin<\/a> As Reserve Asset <a href=\"https:\/\/t.co\/Jwh7ut8Ckd\" rel=\"nofollow\">https:\/\/t.co\/Jwh7ut8Ckd<\/a><\/p>&mdash; Ethereum World News &#8211; EWN (@EtherWorldNews) <a href=\"https:\/\/twitter.com\/EtherWorldNews\/status\/1548735276515840001?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">July 17, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2>Binance Chief Meets With Leaders To Drive Crypto Adoption<\/h2>\n\n\n\n<p>Friday\u2019s meeting with President Faustin-Archange Touad\u00e9ra marks the second African leader CZ has met with this year. Zhao also <a href=\"https:\/\/en.ethereumworldnews.com\/binance-ceo-ivorian-president-crypto\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/en.ethereumworldnews.com\/binance-ceo-ivorian-president-crypto\/\" rel=\"noreferrer noopener\">held<\/a> talks with the Ivorian president back in July.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#Binance<\/a> CEO Meets With Ivorian President To Discuss Crypto <a href=\"https:\/\/t.co\/Hd7guaSUGR\" rel=\"nofollow\">https:\/\/t.co\/Hd7guaSUGR<\/a><\/p>&mdash; Ethereum World News &#8211; EWN (@EtherWorldNews) <a href=\"https:\/\/twitter.com\/EtherWorldNews\/status\/1544686059132526593?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">July 6, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>These visits are supposedly strategic as Africa has emerged as a hotspot for cryptocurrencies. Chainlysis <a href=\"https:\/\/blog.chainalysis.com\/reports\/2021-global-crypto-adoption-index\/#:~:text=At%20the%20end%20of%20Q2%202021%2C%20that%20total%20score%20stands,881%25%20in%20the%20last%20year.\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ranked<\/a> five African countries including Nigeria and Kenya in its top 20 on its Global Crypto Adoption Index report.<\/p>\n\n\n\n<figure class=\"wp-container-2 wp-block-gallery-1 wp-block-gallery has-nested-images columns-default is-cropped\">\n<figure class=\"wp-block-image size-large\"><img width=\"1008\" height=\"781\" data-id=\"574042\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/08\/Chainlysis-Global-Crypto-Adoption-Top-20.png\" alt=\"\" class=\"wp-image-574042\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/08\/Chainlysis-Global-Crypto-Adoption-Top-20.png 1008w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/08\/Chainlysis-Global-Crypto-Adoption-Top-20-300x232.png 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/08\/Chainlysis-Global-Crypto-Adoption-Top-20-770x597.png 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/08\/Chainlysis-Global-Crypto-Adoption-Top-20-500x387.png 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/08\/Chainlysis-Global-Crypto-Adoption-Top-20-269x208.png 269w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/08\/Chainlysis-Global-Crypto-Adoption-Top-20-746x578.png 746w\" sizes=\"(max-width: 1008px) 100vw, 1008px\" title=\"\"><figcaption>Chainlysis Global Crypto Adoption Top 20\n<\/figcaption><\/figure>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"<p>CZ talks about crypto adoption with the president of the Central African Republic after the nation adopted Bitcoin (BTC).<\/p>\n","protected":false},"author":55,"featured_media":574041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[947,2],"tags":[108254,108421,1236,1889,7091],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/574036"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=574036"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/574036\/revisions"}],"predecessor-version":[{"id":574043,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/574036\/revisions\/574043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/574041"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=574036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=574036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=574036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}