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Ex-Binance Boss CZ Defines Currency for AI

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Sat, 25/01/2025 - 10:31
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Ex-Binance Boss CZ Defines Currency for AI
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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Changpeng Zhao (CZ), a co-founder and the former chief executive officer at the world’s largest centralized crypto exchange Binance, has published an important message on artificial intelligence, sharing his vision on what currency is likely to be used on it and by it.

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CZ tweeted that he definitely believes that in the future AI and crypto will blend, therefore “the currency for AI is crypto,” according to him.

When asked in the comments to reveal his favorite AI crypto project on BNB Chain, the “crypto general” refused to name any particular ones. He said that many AI projects are running on BNB Chain and he does not want to “pick favorites yet.”

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CZ celebrates Ross Ulbricht's amnesty

This week, one event sent ripples through the cryptocurrency space — the founder of the controversial darknet marketplace Silk Road Ross Ulbricht was pardoned by the new U.S. president Donald Trump, who fulfilled his promise made during his election campaign.

Ulbricht received a full and unconditional pardon and walked out of prison after spending more than 11 years behind bars for running the platform that was used to sell drugs and offer other illegal activities, where everything was paid for in Bitcoin for the first time in history.

CZ commented positively on that news and agreed with a commentator that hopefully he, CZ, may also have all his issues with the U.S. justice bodies solved. In 2024, CZ was sentenced to three months in prison with a life ban for running Binance ever again. However, it August 2024, CZ was slapped with another class-action lawsuit, claiming that Binance’s money-laundering activities under CZ’s leadership harmed customers of the exchange platform.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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