CZ: As ‘Pure Web3 Company,’ Binance Has No Plans to Offer Stock Trading

CEO Changpeng Zhao told Decrypt on the latest gm podcast that cryptocurrency exchanges offering the feature are neither right nor wrong, but he emphasized that swapping equities doesn’t align with his company’s philosophy. As crypto firms endure a broad market slump, some have turned their focus to adding users with new features. In May, FTX began offering clients the ability to trade stocks in accounts funded with stablecoins.

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