CZ Binance Explains Why France Is The Ideal Blockchain Hub

Binance CEO Changpeng Zhao commented that France is a potential country to become not only the blockchain hub of the EU but also the world.

Binance CEO Changpeng Zhao (CZ) recently had a discussion with Jean-Noël Barrot, the French minister of Telecommunications and Digital Transformation. The discussion covered topics around why CZ considers France the ideal blockchain strategy hub. Besides, CZ is quite optimistic about the future of Binance in France when mentioning its plan to recruit more human resources in this magnificent country.

In May of this year, Binance was granted a license to offer its services in France. Through the above sharing session, FoxCryptoNews will take a look at some of the key reasons CZ is worth that France is a strategic hub for blockchain communities. 

First, CZ emphasized that the large talent pool in France was one of the factors that attracted Binance to the country. The largest cryptocurrency exchange currently has more than 150 employees in France and plans to hire more in the coming months.

During the discussion, CZ commended the French regulators and authorities, who are more open to all the rules and regulations surrounding blockchain and the cryptocurrency sector. The government here has been showing interest and support for the cryptocurrency sector. French President Emmanuel Macron is also an ardent crypto and Web3 supporter.

Besides that, France has also attracted a number of blockchain companies and startups with the mission of reaching more people with their blockchain product. Another cryptocurrency exchange,, also received a license to operate in France recently.

In addition, CZ also announced that it will train 10,000 people in the French community who are not yet popularized in blockchain technology. The future of Binance in France is unknown, but CZ has been sympathetic for the time being for trying to bring educational value to the community. 

FoxCryptoNews summary

Oct 20, 2022

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