Binance’s CZ Clarifies Event Photo Policy

Binance founder Changpeng Zhao clarified on social media that taking selfies or liking photos on X does not imply endorsement, emphasizing brief interactions at events.

This statement highlights the importance of avoiding misinterpretation of social media engagement in crypto, reflecting a trend among industry leaders to maintain reputational clarity.

CZ Highlights Non-Endorsement Stance at Public Events

Changpeng Zhao clarified on August 25, 2025, that taking or liking photos with him does not signify endorsement or support. He emphasized preferring brief exchanges over long interactions. Individuals are encouraged to leave business cards with QR codes instead.

No immediate changes in financial or blockchain metrics were influenced by Zhao’s statement. His message focused on setting expectations at events rather than altering existing organizational or technical processes.

Market and community reactions highlighted widespread support for the transparency offered by CZ. However, no substantial endorsements or denouncements from regulatory bodies were noted following the statement.

Industry Implications: Maintaining Transparency and Reputation

Did you know? Similar clarifications from industry leaders, like Vitalik Buterin, have previously helped dispel endorsement misconceptions, enhancing reputational clarity and maintaining transparency within the crypto community.

According to CoinMarketCap, Ethereum (ETH) has a current price of $4,733.01 and a market cap of $571.31 billion, with a 14.50% dominance. Over 24 hours, its trading volume reached $53.63 billion, despite a 1.20% price decline. Over 60 days, Ethereum has seen a 90.45% increase.

The Coincu research team anticipates no immediate regulatory impacts from CZ’s statement but believes clear communication maintains Binance’s reputational integrity. Long-term, such clarifications could prompt similar practices across the industry, potentially influencing event conduct and endorsement perceptions.