CZ: Different countries have different regulatory priorities, and establishing a global cryptocurrency regulatory framework still faces challenges

Binance founder CZ spoke at the "Financial New Era" panel discussion at the World Economic Forum in Davos, stating, "Different countries have different priorities, different agendas, and different considerations. Therefore, establishing a global regulatory body is quite difficult. We certainly hope to see such an institution emerge, especially if this global regulatory body can create a relatively favorable regulatory framework for innovation. This greatly simplifies the work of industry participants.

Cryptocurrency is the same in every country; there is no tribal system that varies by country, so there should be an optimal framework that we can utilize and implement. Therefore, I am currently working hard, spending a lot of time trying to figure out what this framework is and how to collaborate with different countries."