Binance chief says crypto exchange doesn’t see viable business in India

Scores of crypto-focused venture capital firms have raced to India in the past two years, hoping to turn the world’s second largest internet market’s large developer community into a key web3 power house. But what does Changpeng “CZ” Zhao, arguably the most powerful and influential figure in the crypto industry, think about the potential of India? Not much, as of today.
“To be honest, I don’t think India is a very crypto-friendly environment,” said Zhao at TechCrunch Crypto conference Thursday. Zhao is not alone with such grim view about the Indian mar

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