Binance plans to buy Bank for $1 Billion.

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    Changpeng Zhao, the founder and CEO of Binance, said in an interview with Bloomberg at the Web Summit conference in Lisbon that the company is considering buying banks as a way to bridge the gap between traditional finance and crypto.

    Binance’s CEO says that they still have more than $1 billion to spend on acquisitions, even though they just gave Elons Twitter deal $500 million.

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