Binance founder Changpeng Zhao (CZ) is actively pursuing opportunities in the United States following President Donald Trump’s pardon. CZ has expressed a strong ambition to transform America into the global hub for crypto innovation, aiming to attract major firms and enhance BNB exposure within the US market. 🌎 He acknowledges the benefits of the pardon as it allows Binance greater freedom to operate globally, including renewed focus on the US. CZ believes the US holds immense potential in the tech and institutional sectors. He hopes to see a surge of large businesses like Binance back into the US while also advocating for clearer regulatory frameworks for cryptocurrencies globally.
CZ highlights the progress made in US regulations, notably the GENIUS Act which establishes rules around stablecoins and the CLARITY Act aimed at defining digital assets. However, he stresses that banks need to collaborate closely with crypto businesses for mainstream adoption to truly unlock the potential of this technology.
CZ also addressed his own legal struggles regarding money laundering charges, emphasizing that he acted within the confines of the law and did not cause any harm to users during his imprisonment. This event took place at Binance Blockchain Week in Dubai from December 3-4, where Zhao emphasized his vision for global crypto adoption.