CZ, Binance founder, wants to clear up 'misunderstandings' about who he is
Key takeaways
- But he doesn't want to run the global exchange he largely owns.
- But when he talks about Binance, it's clear he sees himself at the center of its efforts, and he said its U.S. plan is to break the hold that a few leading exchanges have and to offer a lower-cost service.
- "I've perceived there's a lot of misunderstandings about Binance, about myself," he said.
But he doesn't want to run the global exchange he largely owns. He doesn't want to run its U.S. arm he mostly owns. He doesn't want to be a CEO at all, or serve on boards.
But when he talks about Binance, it's clear he sees himself at the center of its efforts, and he said its U.S. plan is to break the hold that a few leading exchanges have and to offer a lower-cost service.
As the dominant shareholder of Binance's global exchange and also of Binance.US, he has clear influence over the direction of both, though he denies he's pushing any day-to-day buttons. CZ sat for a lengthy interview with CoinDesk in Washington, D.C. earlier this month and revealed he was on a mission to reintroduce himself to the U.S. following his stepping down from the exchange he launched at prosecutors' request, a four-month prison stint and a presidential pardon over the past few years.