<ul class="news-points"> 
 <li><strong>Changpeng Zhao, Binance CEO, commented on FUD questions and ensured the stability of Binance’s financial situation.</strong></li> 
 <li><strong>Zhao emphasized the difference between Binance and FTX.</strong></li> 
 <li><strong>FUD gave Binance the opportunity to prove itself, according to Zhao.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/changpeng-Zhao/" rel="noopener noreferrer nofollow">Binance CEO Changpeng Zhao</a> recently addressed various questions about Binance’s situation in a recent X (formerly Twitter) space. He responded to FUD (fear, uncertainty, and doubt) questions, and ensured the stability of Binance.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Live now.<a href="https://t.co/e4bVfhKwRB" target="_blank" rel="noopener noreferrer nofollow">https://t.co/e4bVfhKwRB</a></p>— CZ 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f536.png" alt="🔶" class="wp-smiley" style="height: 1em; max-height: 1em;"> Binance (@cz_binance) <a href="https://twitter.com/cz_binance/status/1697574830156177816?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 1, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
<p>In the “Ask Me Anything” session, Zhao started by addressing FUD about Binance’s stability. He emphasized the fundamental difference between Binance and FTX, the bankrupt crypto exchange.</p> 
<p>The CEO of Binance said, “We’ve proven many, many times that we’re not like FTX.” Moreover, he added that Binance follows a simple capital structure that is debt-free, and there’s no “commingling of user funds.”</p> 
<p>The FUD allowed Binance to prove itself, according to Zhao. He added that the ongoing media and regulatory scrutiny hasn’t been easy; however, the company is in a much stronger position today t…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/cz-responds-to-fud-and-ensures-binances-financial-stability/">CZ Responds to FUD and Ensures Binance’s Financial Stability</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

CZ Responds to FUD and Ensures Binance’s Financial Stability

Coin Edition

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