Binance CEO says support for free speech is reason he invested in Twitter

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LISBON - The chief executive of Binance, the world's largest crypto exchange, said he was 'extremely supportive' of freedom of speech and that was the main reason why his company decided to invest US$500 million (S$706 million) into Elon Musk's buyout of Twitter Inc. Binance's Changpeng Zhao, known as CZ, who is an active Twitter user with over seven million...

Changpeng Zhaom Co-founder and CEO of Binance speaks during the opening ceremony of Web Summit, Europe's largest technology conference in Lisbon, Portugal on Nov 1, 2022.LISBON - The chief executive of Binance, the world's largest crypto exchange, said he was "extremely supportive" of freedom of speech and that was the main reason why his company decided to invest US$500 million into Elon Musk's buyout of Twitter Inc.

"Number one is that we want to be extremely supportive of free speech," Zhao said at the opening event of Europe's largest tech conference, the Web Summit, in Lisbon, adding that Twitter is "where people express their opinions".

Binance said last week it is creating a team to work on how blockchain and crypto could be helpful to Twitter.

Source: News Formal (newsformal.com)

 

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