CZ recently travelled to various countries to encourage cryptocurrency innovation and adoption.
Binance CEO CZ met with Albania's Prime Minister Edi Rama to discuss blockchain and cryptocurrencies in a recent tweet.
The team from RNS.ID, the world's first sovereignty-backed digital ID platform, and Binance CEO Changpeng Zhao, often known as "CZ," recently met with Prime Minister Edi Rama and appeared to be in Albania in a recent post.
CZ's Crypto Projects
Although the precise purpose for CZ's visit to the countries in southern Europe is unknown, the CEO of Binance implied that he would be pursuing new cryptocurrency ventures by saying that "driving crypto adoption never stops."
CZ has recently been visiting nations to promote adoption and innovation of cryptocurrencies.
CZ has recently travelled to areas including the UAE, Brazil, Uruguay, Argentina, El Salvador, Bahrain, Kazakhstan, Malaysia, Vietnam, Philippines, and Palau to lecture about and encourage the use of cryptocurrencies and blockchain in general.
As evidenced by their most recent tweet, ID is also friends with the prime minister of Albania.
The fact that RNS.ID is a cryptocurrency project built on Binance's BNB-chain, following the team's successful launch in the Republic of Palau, can enable the launch of its digital ID product in the nation.
When CZ visited Palau in June to launch ID NFTs supported by BNB Chain, he learned about the Root Name System (RNS) Digital Residency programme, created by Cryptic Labs in California.
Regarding Cryptic Labs
Cryptic Labs is a cutting-edge blockchain research organisation and business accelerator that focuses on resolving basic problems in blockchain, such as those relating to security, privacy, and trust.
Albania's Push for Crypto
The co-founder of Ethereum, Vitalik Buterin, met with Edi Rama, the prime minister of Albania, in 2017 to discuss the potential uses of blockchain technology in Albania. Additionally, Mr. Rama travelled to Malta for the Blockchain Summit, where he gave a speech urging blockchain businesses to locate in Albania.
The Albanian government has also taken action to create a favourable climate for blockchain and cryptocurrency firms. Albania made it obvious to the blockchain industry that it was open for business when the country's legislature passed a law in 2018 recognising cryptocurrencies as legal tender.
