CZ Pushes Hong Kong to Expand Crypto Services, Challenging US and UAE Dominance
Binance founder Changpeng Zhao throws down the gauntlet—urging Hong Kong to aggressively broaden its crypto offerings and become a true global competitor.
Why Hong Kong Matters
Zhao sees massive potential in Hong Kong's existing financial infrastructure and its gradual warming to digital assets. He argues the city could easily pivot to challenge heavyweights like the US and UAE—if regulators move faster and think bigger.
The Global Race Heats Up
It’s not just about licenses and listings. Zhao wants deeper liquidity, clearer rules, and more institutional products. Because let’s be honest—while Wall Street still debates ETFs, offshore hubs are eating their lunch.
Regulators, Start Your Engines
The call isn’t subtle: adapt or get left behind. Hong Kong has the tech, the talent, and the time zone. Now it needs the nerve.
So, while traditional finance debates risk, the real players are building the next system—right under their noses.
Binance Founder Changpeng Zhao, also known as CZ, is calling on Hong Kong regulators to expand HK crypto services to compete with global hubs like the US and UAE. CZ believes that the region has the potential to become a major digital asset center, but only if regul... Read More
