CZ at Token2049: ’Regulators Push for Localized Crypto Oversight’
Binance CEO Changpeng Zhao (CZ) dropped a truth bomb at Token2049: Global regulators are scrambling to impose localized frameworks on crypto—whether the industry likes it or not.
Key takeaways:
- ’Every jurisdiction wants control,’ CZ noted, highlighting the growing patchwork of compliance demands.
- The comments come as multiple nations race to implement bespoke crypto regulations before the next bull run.
- Ironically, this regulatory gold rush mirrors the very decentralization crypto sought to escape.
For traders? More paperwork. For bureaucrats? A shiny new revenue stream disguised as ’investor protection.’