Binance’s CEO ‘Changpeng Zhao’ works with Singapore regulators

• Binance CEO Changpeng Zhao thanked Sopnendu Mohanty for inviting him to the Point Zero Forum.
• He also shed light on “misleading media titles about Binance/crypto, Singapore, etc”.
• The price of Binance’s native token, Binance Coin (BNB), has dropped slightly.

Changpeng Zhao, Binance’s CEO, went on Twitter to thank Sopnendu Mohanty, the Chief Fintech Officer at Singapore MAS, for inviting him to the Point Zero Forum.

Zhao and Mohanty both remarked in the thread that they “think it is highly vital for industry participants and regulators to communicate deeply.” He also stated, “sometimes privately, sometimes publicly.” PZF was a great public opportunity.“

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During the conference, topics such as some of the important concerns in the crypto field and what efforts may be made to better the industry were discussed.

He also shed light on the crypto media, claiming that there have been countless incidents, of “misleading media titles about Binance/crypto, Singapore, etc.” Many tried to drive a wedge between us. CZ said that these titles couldn’t be more wrong, because “Binance and SG MAS work together closely and cooperatively.”

CZ provided some examples of these deceptive titles, one of which was published during the conference he was attending. This story was titled “Singapore regulator vows to be ‘unrelentingly hard’ on crypto.”

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CZ said that Mohanty had originally said, “SG will be relentlessly hard on bad players in crypto,” but that the journalist “cut out the middle part, which completely changed the story.”

In related news, the price of the Binance platform’s native token, Binance Coin (BNB), has dropped slightly in the last 24 hours. The price of BNB has dropped 0.88 percent to around $239.11, according to the cryptocurrency market tracker CoinMarketCap.