CZ doesn't want to go back to running exchanges, but still wants to influence the U.S. crypto market $BNB
CZ's stance this time is quite interesting.
In an interview with CoinDesk, he said he hopes to push the U.S. to become the “crypto capital,” and he also talked about Binance.US, misunderstandings around U.S. regulation, and his role after regaining freedom.
What’s most noteworthy isn’t the slogan, but the fact that he doesn’t want to personally run an exchange anymore. CZ is more inclined to act as an investor, or serve as an informal advisor to companies he invests in.
This is actually quite realistic. Getting personally involved in regulating exchanges means continuing to stand at the very front line of regulation. As an investor and advisor, his influence would still remain, but the risk would be much lower.
The controversy is here too: as CZ steps into the background, is it really letting go of the exchange business—or a different way of continuing to influence the industry? #cz
CZ's stance this time is quite interesting.
In an interview with CoinDesk, he said he hopes to push the U.S. to become the “crypto capital,” and he also talked about Binance.US, misunderstandings around U.S. regulation, and his role after regaining freedom.
What’s most noteworthy isn’t the slogan, but the fact that he doesn’t want to personally run an exchange anymore. CZ is more inclined to act as an investor, or serve as an informal advisor to companies he invests in.
This is actually quite realistic. Getting personally involved in regulating exchanges means continuing to stand at the very front line of regulation. As an investor and advisor, his influence would still remain, but the risk would be much lower.
The controversy is here too: as CZ steps into the background, is it really letting go of the exchange business—or a different way of continuing to influence the industry? #cz