After running the biggest crypto exchange in the world, Binance’s Changpeng Zhao (CZ), who has recently been free from the guilty charges of money laundering after paying a $50 million fine. CZ has stepped into a new role of advising the government and asking “govt to take a more relaxed approach towards crypto.”
Let’s find out why!
Changpeng Zhao (CZ) has been working closely with government officials across Asia to shape the future of blockchain and digital assets.
During his recent visit to Kuala Lumpur, Malaysia, CZ spoke at the Ritz-Carlton, where he shared how countries like those in the Middle East have been successful in their crypto policies.
“I always encourage governments to take a more relaxed approach.” He explained that when governments don’t over-regulate, businesses and technology can grow freely and thrive.
CZ pointed out that Dubai is a great example of how a crypto-friendly approach can benefit a country. He shared that it only took him 24 hours to get a golden visa in Dubai. He further mentioned that Binance received a full operating license in Dubai in 2024.
This shows that when a country supports crypto, it can help businesses grow and create opportunities.
CZ pointed out that the global attitude towards crypto is changing. He mentioned that since Donald Trump became president, the U.S. government has become more supportive of crypto.
These changes are encouraging other countries to take a similar approach, making it easier for crypto businesses to grow and succeed around the world.
Ripple Labs, a top-tier blockchain payment company based in the United States, has made a…
Bitcoin (BTC) price has experienced faded bullish sentiment in the recent past as traders factor…
CryptoQuant analyst Axel Adler Jr. has spotted a potential early sign of a new altcoin…
Story Highlights Litecoin price today is . Litecoin price may reach a potential high of…
Story Highlights The live price of the Polkadot crypto token is . Polkadot price can…
Story Highlights The live price of the TON token is Toncoin price could hit a…