See More

Crypto Free Speech and Web3 Adoption Part of Binance Investment in Twitter

2 mins
Updated by Ryan Boltman
Join our Trading Community on Telegram

In Brief

  • CZ Binance wants crypto to have a seat at the table when it comes to free speech.
  • The popular crypto trader believes that Twitter will launch Blockchain payment options soon.
  • Binance established its subsidiary in Ireland.
  • promo

CZ Binance, in an interview with CNBC, stated that free speech and Web3 adoption are the primary reasons for Binance Investment in Twitter.


Changpeng Zhao, the founder, and CEO of Binance, appeared in an interview with CNBC today. He discussed the motive of Binance behind investing in Elon Musk’s acquisition of Twitter.

“There are many reasons for supporting the deal. Twitter is a free speech platform, which is global, right? Which is extremely important.

Twitter is a tool that I use personally very heavily, so… We would want to make sure that the crypto has a seat at the table when it comes to free speech. There are more tactical things like we want to help bring Twitter to Web3 when they are ready. And yeah, we want to help solve some of those immediate problems.”

CZ Binance

Web3 Integration with the Binance Investment in Twitter

CZ mentioned that they want to help bring Twitter to Web3. Crypto should have a seat at the table when it comes to free speech. With this, there are various speculations by the community on how crypto can be integrated with Twitter.

Renowned crypto trader Ran Neuner believes that Twitter will launch blockchain payments between users soon. He imagines that Bitcoin, Dogecoin, and BUSD will be among the payment options available for users.

The global expansion continues for Binance.

Along with plans to integrate Web3 into Twitter, Binance seems to be in a full-fledged expansion mode. They established yet another subsidiary in Ireland. Last month, the Changpeng Zhao-led exchange successfully registered as a Financial Service Provider in New Zealand. Recently the company also registered in France, Spain, and Italy. 

Binance is dominating more than 50% of spot and derivatives trading volume. Along with expanding to various countries, they have introduced zero fees in Bitcoin trading to gain market shares. 

Got something to say about the Binance investment in Twitter or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on Tik Tok, Facebook, or Twitter.


For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Exodus Exodus Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024
Harambe AI Harambe AI Explore
Uphold Uphold Explore
Exodus Exodus Explore
Coinbase Coinbase Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | July 2024

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Frame-2264-1.png
Harsh Notariya
Harsh Notariya is a journalist at BeInCrypto, who writes about various topics, including decentralized physical infrastructure networks (DePIN), tokenization, crypto airdrops, decentralized finance (DeFi), meme coins, and altcoins. Before joining BeInCrypto, he was a community consultant at Totality Corp, specializing in the metaverse and non-fungible tokens (NFTs). Additionally, Harsh was a blockchain content writer and researcher at Financial Funda, where he created educational reports on...
READ FULL BIO
Sponsored
Sponsored