Binance CEO CZ: Coinbase Listing Gave Us 'Very Clear Playbook' in the US

[Altcoin1998$]

Binance and Coinbase are rivals in the cryptocurrency exchange business. But that doesn't mean Binance won't take a page from its competitor's playbook. According to Binance CEO Changpeng "CZ" Zhao, Coinbase’s direct listing on the Nasdaq last month gave other crypto companies a “very clear playbook” for the future.

"Now, in the U.S., in one of the world’s most advanced economies, a cryptocurrency exchange can IPO on the Nasdaq," CZ told Decrypt editor in chief Daniel Roberts during this year’s Ethereal Virtual Summit. "That's humongous.source