2008style

Business

Crypto CEO warns his industry faces 2008-style crisis

New York CNN  —  The reeling crypto business faces a 2008-style crisis that may result in a much-needed regulatory crackdown, crypto CEO Changpeng Zhao warned on Friday. “It’s devastating for the business. Lots of shopper confidence is shaken. We’ve been set again a couple of years,” Zhao, the CEO of cryptocurrency trade Binance, mentioned throughout a convention in Indonesia. The…