At the forum, Binance CEO Changpeng Zhao — also known as CZ — took part in the Blockchains for Sustainable Development session. He said that Binance will cover all operational fees on the new BCF blockchain charity website, adding that all donations will go directly to its beneficiaries. Zhao also said that blockchain technology would help improve transparency in donations.
In early October, Zhao announced that all of Binance’s listing fees would be donated to charity. In his statement, the CEO stated that Binance would also allow developers themselves to name the amount they pay, without demanding a minimum fee.
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