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Binance CEO: Cryptocurrency Can Tackle Terrorism in El Salvador

The Cryptocurrency Industry Could Be Killed by India's Taxes as per Binance CEO

On Saturday, Changpeng Zhao took a dig at the tweet of Naib Bukele, the President of El Salvador. 

Earlier in the day, Naib tweeted, breaking the news that El Salvador had caught more than 12,000 terrorists in the last 21 days.

Replying to the tweet, Changpeng said that Binance has taken a totally different approach to tackle terrorism in El Salvador. 

He promoted cryptocurrency as well as Binance and said that crypto is the long-term solution to the gang issues in El Salvador as it creates jobs.

Giving statistical details, he said that Binance “hired 7 staff, + offers for 13, and 50+ more openings, and will hopefully get a few hundred before year-end”.

El Salvador has lately been facing problems with terrorism, and the government is taking strict steps to remove terrorism from the country. El Salvador is the first country to declare Bitcoin as its legal tender. 

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