CZ Urges Hong Kong to Embrace Crypto Growth

Binance CEO Chanpeng Zhao, also known as CZ, argues that Hong Kong possesses the potential to become a major player in the cryptocurrency world, but only if it embraces rapid regulatory change. In an interview with the South China Morning Post, CZ emphasized that swift action is needed for Hong Kong to compete with established hubs like the US and UAE. He cautioned against waiting for current status to determine future success.