Binance founder Changpeng Zhao CZ said at the Second Gulf Investment Forum in Bahrain on November 3: Bahrain is not well-known as a country friendly to cryptocurrencies; after Binance obtained the license for from the Central Bank of Bahrain, it also obtained a banking license. CZ said that Hong Kong is actively exploring RWA, but the price fluctuations of RWAs are small, so it is difficult to form sufficient trading volume in the secondary market.

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