Paris Blockchain Week, day 1: Latest updates from the Cointelegraph team on the ground

The first day of the year’s biggest blockchain event so far will see CZ, Nicolas Cary, Ken Timsit and many other significant figures on the stage.

Paris Blockchain Week Summit (PBWS), a flagship European blockchain conference hosted at Palais Brongniart in Paris, started on Wednesday with an all-star cast. Fresh after announcing its French version, Cointelegraph has set up a team for the event to present the latest updates for the event in a real-time fashion. 

The first day of event will see significant names in the crypto and blockchain ecosystem to speak about the crucial topics for the ecosystem. The Cointelegraph ground team will present last-minute updates in one easy-to-read article with time codes.

Don’t forget to check this article regularly to get notified about the most recent announcements from the event.

All time codes are in the UTC time zone

7:25- Talking about how he manages such a large consortium of crypto platforms, CZ said: “The key secret is they should not do very much.”

Binance’s growth depends on the growth of the ecosystem and “This is why we don’t see other crypto platforms as competitors and rather as their peers.”

7:22- Binance plans to offer [customer] support in all 31 languages that it supports in the near future.

7:18- CZ explains how regulations have evolved over the years and how the approach of regulators has changed significantly.

 “We have seen a great shift of attitude towards crypto over the past year until last year regulators were talking in a negative way while many regulators today approach us with a positive note.”

7:15 – Binance is now available in over 70 countries out of the top 100. Binance Labs, the investment arm of the exchange, has invested more than $100 million in about 100 crypto projects whose combined liquid market cap of $7 billion, seeing a 66X increase in three years.

07:06 – Binance CEO Changpeng Zhao is on the stage. Started his speech with a basic question: “How many of you hold Bitcoin (BTC) or crypto?”