news 
Binance’s CZ Defends Mass Token Listings as Critics Call for More Transparency
In a recent statement, Changpeng Zhao (CZ), the CEO of Binance, has defended his exchange’s mass token listing approach in response to growing criticism from experts and users alike. The debate revolves around the impact of centralized exchanges’ (CEXs) decision-making processes on long-term valuations.
Recent events have sparked concerns about CEX practices, with some arguing that they prioritize short-term profits over project sustainability. Critics have called for increased transparency and more stringent listing criteria to promote fairness and accountability in the market.
Zhao emphasized Binance’s commitment to offering fair access to tokens while ensuring the quality of projects. He stressed that his exchange does not engage in practices that manipulate the market, stating that the decision-making process is based solely on merit.
Source: https://coinchapter.com/binances-cz-defends-mass-token-listings-as-critics-call-for-more-transparency/?utm_source=rss&utm_medium=rss&utm_campaign=binances-cz-defends-mass-token-listings-as-critics-call-for-more-transparency
