Yugocean
Valued Contributor
CZ, the owner of the world's largest crypto exchange Binance, has attempted to refute the regularity of financial freedom derived from cryptocurrencies and conflicts with banks.
Disputes with banks
Banning crypto is often sought by state-run banks, but many private banks support crypto.
CZ has considered a state of contention with banks since the year the Bitcoin whitepaper was published (2008) by Satoshi Nakamoto. But, considering the role the bank plays in the current ecosystem, CZ supports their participation in the development of crypto.
Struggle with regularity
CZ emphasizes effective collaboration between crypto businesses and policy-makers to develop implementation standards.
CZ also calls for regulatory clarity for the crypto industry; The recent FATF travel rule related to virtual assets has also pointed to it as promising, but at the same time called it a challenge to implement this rule by only 29 out of 200 countries.
CZ is a smart businessman, he knows how to be diplomat.
Disputes with banks
Banning crypto is often sought by state-run banks, but many private banks support crypto.
CZ has considered a state of contention with banks since the year the Bitcoin whitepaper was published (2008) by Satoshi Nakamoto. But, considering the role the bank plays in the current ecosystem, CZ supports their participation in the development of crypto.
Struggle with regularity
CZ emphasizes effective collaboration between crypto businesses and policy-makers to develop implementation standards.
CZ also calls for regulatory clarity for the crypto industry; The recent FATF travel rule related to virtual assets has also pointed to it as promising, but at the same time called it a challenge to implement this rule by only 29 out of 200 countries.
CZ is a smart businessman, he knows how to be diplomat.
