CZ: We no longer operate trading platforms, BNB Chain is developing a new version that is faster, cheaper, and has more privacy controls BlockBeats News: On June 20th, Binance founder CZ participated in the Galaxy Brains podcast and was interviewed by Galaxy research director Alex Thorn. CZ stated that it no longer operates an exchange, so it has more time to communicate with developers and is excited about some new features of BNB Chain. It claims that BNB Chain is developing the next version, which will be faster, cheaper, and incorporate more privacy controls. CZ also suggests that blockchain developers should not make major upgrades during bull markets, but instead push for major updates during quieter bear markets. CZ stated that one to one and a half years ago, they were skeptical about RWA and unsure whether the related assets would be traded or developed. But the development speed of RWA surprised it, including stablecoins, oil futures, AI stocks, etc., which have good acceptance in the cryptocurrency community. This indicates that many people around the world have already hoped to have access to these assets. Encryption should not be seen as an independent industry, but as a new technological tool that makes financial transactions faster, cheaper, and more transparent. It believes that traditional financial institutions can use blockchain, and cryptocurrency companies can also provide similar traditional financial services such as loans, savings, stock trading, remittances, and payments. In the future, there should not be a clear boundary between traditional finance and encryption, but rather a more globalized, faster, and lower cost financial industry. [Original link]