Zhao Chengpeng, chief executive of Cryptographic Exchange Binain, has set the 2018 cryptographic market as a year for adjustment and has an optimistic view of the future of cryptography. In an interview, he said he plans to increase the number of legal currency support exchanges in the cryptographic market to more than 10 next year.
He said that developers who are making applications in the cryptography industry will grow, and that practical examples will play a role in penetrating more of the money into their lives. In addition, there is no plan to change the question about the impact of the adjustment phase of the cryptographic market on the banking business, and the legal currency exchange market, which is being promoted by the bank, will start in two or three places in January or next. Adding that it will expand the exchange of legal currency support to 10 or so. Binnen has started a legal currency exchange in Uganda last October.
He said the cryptographic industry is hoping that regulations will be clear about expanding government regulations on cryptography, but there are still too many uncertainties in many countries. He said he has strong confidence in the cryptographic industry, stressing that the cryptographic industry is seeking regulations that encourage innovation, not regulation that hampers innovation.
Binnance is actively developing activities beyond the boundaries of conventional cryptography. In August, we launched a childcare program and recently we announced support for eight block-chain projects. They also expanded the donation platform using the block chain and supported flood damage in Uganda. For more information, please click here .