Key Takeaways



Changpeng Zhao took part in an interview with the president of the Republic of Côte d’Ivoire. The Binance CEO seeks the President’s support for better commercial integration of cryptocurrencies. 



Binance, one of the largest platforms of cryptocurrency exchanges in terms of trading volumes, has shown exponential growth in terms of trading volume even when the market is following a bearish trend. Several crypto firms have been making layoffs following the recent market crash. However, the CEO of Binance, Changpeng Zao, has been showing a positive attitude about the situation. Binance is the only company in the crypto sphere that has not announced a hiring freeze or layoffs. 



To further grow its prospect globally, the CEO, met the president of the Republic of Côte d’Ivoire, Alassane OUATTARA, on July 5 at the Palace of the Presidency. The agenda of the interview was to discuss the economic and financial issues related to virtual currencies. 



Zhao has also requested the president and the Government of the Republic to show support as Binance has plans to integrate activities related to cryptocurrencies in the commercial exchanges of the country. 



Along with the president, other notable attendees of the meeting were the Minister, Secretary-General of the Presidency of the Republic, Mr. Abdourahmane CISSE, the Minister of Economy and Finance, and Mr. Adama COULIBALY, and the Deputy Secretary-General of the Presidency of the Republic, Mrs. Masséré TOURE- KONE. 



The founder and CEO of the company are aiming to take advantage of the market crash by expanding at this vulnerable point. The company is also on a hiring spree , making consumers anticipate that the cryptocurrency exchange has plans to bring in some revolution. However, the crypto market is yet to show signs of recovery.