Binance founder announced the possible leadership of India in Web 3.0
Changpeng Zhao believes that India will play an important role in the development of cryptocurrencies
12.04.2022 - 11:25
735
1 min
0
What’s new? Changpeng Zhao, the founder and CEO of Binance, highlighted India’s role in the development of Web 3.0 and metaverses, calling the country a leader in technology. He added that India will play an important role in the development of cryptocurrencies. In an interview with Inc42, Zhao stated that Binance looks forward to collaborating with prominent Indian startups. Web 3.0 and metaverses will provide greater financial freedom, transparency, secure information delivery, and other unique opportunities, Zhao said.
What else did Changpeng Zhao say? The CEO of Binance also commented on the exchange’s compliance problems. Zhao said that the licenses to operate in Dubai and Bahrain demonstrate the crypto exchange’s commitment to regulatory compliance. He also added that Binance increased its international compliance team and advisory board by 500% last year.
Changpeng Zhao previously became the richest person in the crypto industry according to Forbes magazine. His fortune was estimated at $65 billion.
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$66 369
BTC
+1.56%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.15
XRP
+3.33%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.073428
DOGE
+1.72%
-
Zcash
$531.66
ZEC
-2.67%
-
Stellar XLM
$0.192054
XLM
+1.98%
-
Cardano
$0.173617
ADA
+2.85%
-
Polkadot
$3.32
DOT
+5.27%