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

BlockBeats News, January 22nd, Binance founder CZ spoke at the Davos World Economic Forum's "Financial New Age" panel, stating, "Different countries have different priorities, agendas, and considerations. Therefore, establishing a global regulatory body is quite challenging. Of course, we hope to see such an organization emerge, especially if this global regulatory body can establish a regulatory framework that is relatively favorable to innovation. This greatly simplifies the work for industry participants."

"Cryptocurrency is the same in every country, with no tribal systems that vary by country, so there should be a best framework that we can apply 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."