[ccpw id="5"]

HomeCoinsCrypto Free Speech and Web3 Adoption Part of Binance Investment in Twitter

Crypto Free Speech and Web3 Adoption Part of Binance Investment in Twitter


CZ Binance, in an interview with CNBC, stated that free speech and Web3 adoption are the primary reasons for Binance Investment in Twitter.

Changpeng Zhao, the founder, and CEO of Binance, appeared in an interview with CNBC today. He discussed the motive of Binance behind investing in Elon Musk’s acquisition of Twitter.

“There are many reasons for supporting the deal. Twitter is a free speech platform, which is global, right? Which is extremely important.

Twitter is a tool that I use personally very heavily, so… We would want to make sure that the crypto has a seat at the table when it comes to free speech. There are more tactical things like we want to help bring Twitter to Web3 when they are ready. And yeah, we want to help solve some of those immediate problems.”

CZ Binance

Web3 Integration with the Binance Investment in Twitter

CZ mentioned that they want to help bring Twitter to Web3. Crypto should have a seat at the table when it comes to free speech. With this, there are various speculations by the community on how crypto can be integrated with Twitter.

Renowned crypto trader Ran Neuner believes that Twitter will launch blockchain payments between users soon. He imagines that BitcoinDogecoin, and BUSD will be among the payment options available for users.

The global expansion continues for Binance.

Along with plans to integrate Web3 into Twitter, Binance seems to be in a full-fledged expansion mode. They established yet another subsidiary in Ireland. Last month, the Changpeng Zhao-led exchange successfully registered as a Financial Service Provider in New Zealand. Recently the company also registered in France, Spain, and Italy. 

Binance is dominating more than 50% of spot and derivatives trading volume. Along with expanding to various countries, they have introduced zero fees in Bitcoin trading to gain market shares.


Please enter your comment!
Please enter your name here


Dogecoin: Can Elon Musk’s McDonald’s Offer Give DOGE A ‘Happy’ Price?

Dogecoin, the original memecoin, is currently showing a solid performance, retesting its current resistance which is at $0.09370. According to Coinhecko, the token is still...

Litecoin Price Prediction: Bullish Break To $120 Still In Sight

Litecoin price extended its increase above the $90 zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $100...

Fantom (FTM) Gains 39% In 7 Days Following Its Integration With Axelar Network

Fantom (FTM) has been one of the best-performing tokens of 2023, pulling off a series of impressive gains in the last few weeks. Following the...

Shiba Inu Observes Highest Rise In Burn Rate – Is This Normal?

SHIB token burn rates are seemingly rising on the Shiba Inu network. The current number of Shiba Inu burn trackers is quite surprising. However, data...

Follow us

Most Popular