Changpeng Zhao told whom he considers an authority in the crypto industry. Vladimir Putin is the most influential person in the blockchain space, said the head of Binance Changpeng Zhao at the exchange summit in Moscow. In his opinion, the bill on regulating digital money can be adopted in this country in the nearest future.
Zhao also mentioned Vitalik Buterin, suggesting that the developer will have significant influence if Ethereum 2.0 is successfully launched. The head of the exchange noted that he considers Binance to be the next Amazon or Facebook.
There are some cases when Binance may provide information about users to Russian financial regulators, Zhao noted. Therefore, he warned the criminals not to use this marketplace. “As a rule, we do not provide information to any regulator en masse. But in the particular cases – yes … therefore, if you are involved in crime, you do not need to sign up on Binance, “- told the head of the exchange.
“In 2014, I sold my house to buy BTC. Almost immediately after that, its rate fell from $ 600 to $ 200 … fortunately, I held on to them and those bitcoins are still with me. So I’m hoping on incredible growth by the end of 2020, ”concluded Zhao.
Meanwhile, Aksakov spoke about the further regulation of the cryptoindustry in RF. The regulation of ‘digital instruments” will entail the introduction of liability for failure to fulfill obligations, said Anatoly Aksakov, Chairman of the RF State Duma Committee on Financial Market.
According to RBC, he emphasized that the questions concerning the organization of the issuance and circulation of cryptocurrencies will be elaborated in a separate bill or will be regulated by amendments to the adopted law “On digital assets” (“On the DFA”).
“DFA can be issued from January 1, 2021, utilitarian digital rights – today. Given that the issuance of digital rights is a type of entrepreneurial activity, citizens will not have the right to issue digital rights (only invest in them),” the official said.
Let us remind you that the law “On the DFA” was adopted at the end of July. It regulates work with digital assets, and also affects the peculiarities of the cryptocurrencies’ turnover.
Earlier, Aksakov said that the Russian authorities are not considering the option of legalizing cryptocurrencies as a payment alternative to the ruble, since this would destroy the Russian financial system.