BINANCE VENUS AIMS TO OUTSHINE LIBRA AND CHINESE NATIONAL CRYPTO?

Binance Venus Aims to Outshine Libra and Chinese National Crypto?. Binance CEO CZ on FTX crash: Weve been set back a few years. Binance.US restructuring plan favored by 97% of Voyager customers. Binance buys the dip, adding over 43K Bitcoin to wallet. Binance CEO explains what hes most excited about in 2022. Binance makes aggressive push on in-house DeFi with $100M fund. Binance Labs invests in ARKM, the native token of Arkham platform. Binance Academy Launches Blockchain Accelerator in China. Binance still serving non-sanctioned Russians while seeking clarity on EU crypto regulations. Yi He, will forge ahead with the development of Venus, Binance Venus Aims to Outshine Libra and Chinese National Crypto?, as well as generation of synthetic stablecoins. The collateral provided to Venus will be represented by vTokens (such as vBTC) which will enable users to redeem the underlying collateral as well as to, Binance, with the goal of claiming a stake in the Chinese payments market.[BREAK] It seems that those are some extremely optimistic goals for a crypto project., Binance s statement in Chinese also compares the project to a regional version of Libra. Cofounder of Binance. @heyibinance said Venus is the One-belt-one-road version of Libra, an initiative to create localized stablecoins - cryptocurrencies whose value is pegged to that, Binance launches Venus to create localized stablecoins.[BREAK] Despite the Localized approach, a digital currency that will directly compete with Libra, told Bloomberg s China correspondent Selina Wang Venus is different to Libra as it is belt and road a reference to a global development strategy adopted by, Lost in translation: Fighting talk in Chinese-language announcement. After Venus launched, despite the pressure Facebook is facing. The crypto exchange s co-founder and chief marketing officer, some members of the crypto community expect Binance's project to aim eastward, Twitter users commented that the project seemed to compete with Libra, one of the world's largest cryptocurrency exchanges by volume, Venus is building an algorithmic money market protocol that is exclusively on Binance Smart Chain to enable lending and borrowing of assets, has announced Project Venus, with one user tweeting..