The battle between CeFi and DeFi is raging in the cryptocurrency world. While attending a Web3 conference in Hong Kong, Binance CEO Changpeng Zhao did not remain indifferent to the subject.
According to Binance CEO “ CeFi is not against DeFi. DeFi shouldn't be against anyone either.
In a purely decentralized space, everyone would be for themselves. When you form projects and initiatives, that is centralization. There will always be pockets of centralization, even within the decentralized space . »
And so “ CeFi and DeFi have different risk and security characteristics. We should not take a one-sided view that one is better than the other .”
