Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’ – Bitcoin News

Changpeng Zhao (CEO of Binance cryptocurrency exchange) tweeted that he had met with presidents from Senegal, Ivory Coast, and Senegal. He is part of an initiative that aims to encourage cryptocurrency adoption across Africa.

CZ’s Meeting With the Senegalese President

The CEO of Binance, Changpeng Zhao (CZ), tweeted on July 6 that he’d met Senegalese president Macky Sall and the central bank. CZ doesn’t share any details or name the representatives of the central banks that attended the meeting.

CZ also mentioned how President Sall and he had exchanging gifts in the Twitter conversation. CZ said that:

In Sénégal, meeting HE Mr President, Central Bank, and Binance Angels. Mr. President gave us a beautiful painting from a local artist, I haven’t opened it yet. This thread will include a picture. He was still holding a BNB Challenger Coin (much less value) that we gave to him.

Zhao’s tweet about his meetings in Senegal came just a few hours after Binance Africa shared pictures of CZ attending another meeting in Ivory Coast. A statement was also issued by the Palace of the Presidency of the Republic of Ivory Coast that summarized the talks between Zhao and President Alassane Ouattara.

Financial Inclusion is a Cause

CZ gave another explanation before sharing photos and details of his meeting with Presidents Obama and Clinton. tweet why the African continent, where millions of people are still financially excluded, is “primed for crypto adoption.”

“Africa is primed for crypto adoption. 10-20% banked. Access to financial services and inclusion is essential. Blockchain provides that with a smartphone,” CZ tweeted.

CZ, who has also held talks with the leaders of El Salvador and Kazakhstan, claimed in another tweet that he is “working on adoption all around the world.”

CZ’s efforts were praised by most of his Twitter followers, however, one user on Twitter named eking questioned the CEO’s belief that Africa is now ready for adoption.

“Do you really think the unbanked in Africa have access to smartphones and the internet?” the user asked.

Your thoughts? Comment below and let us know how you feel.

Terence Zimwara

Terence Zimwara was a Zimbabwe-award winning journalist, author, and writer. He is a prolific writer on the economic woes of African countries, as well as digital currencies that can be used to provide an escape path for Africans.