CZ: Crypto Industry Has Weathered the Harshest "Crypto Winter," Fundamentals Strong
BlockBeats News, September 1st, Binance founder CZ recently attended Bitcoin Asia 2026 in Hong Kong and was interviewed by "Hong Kong 01." CZ stated that Hong Kong's mindset is more progressive, essentially serving as a "sandbox" for China to explore digital currency and financial innovation, suitable for developing Web3. To maintain its leading position in Asian finance, Hong Kong must continue to pursue financial innovation, as "just holding onto the Stock Exchange probably won't work."
CZ is particularly bullish on RWA tokenization, believing that on-chain assets can bridge the gap in time zones and cross-border restrictions, connect global investors, and improve the liquidity of small and medium-sized market assets. However, he believes that Hong Kong still needs to increase regulatory freedom. Currently, some markets face issues of either "no regulation or overly strict regulation," requiring a balance between risk control and innovation space.
In terms of global regulatory progress, CZ believes the UAE is currently leading, the United States is making more progress in stablecoin and trading platform regulation, Japan has a positive attitude, Hong Kong is progressing rapidly, and Singapore is relatively conservative. He also stated that the crypto industry has survived the harshest "crypto winter," with the industry fundamentals being healthy. After 8 years of development for decentralized exchanges, both the technology and user awareness have matured. If global regulatory policies continue to loosen, the industry will experience even greater growth.
Regarding the AI industry, CZ believes Hong Kong is not a base for the internet and AI industries. However, the combination of AI and cryptocurrency will become an irreversible trend. In the future, when billions of AI agents engage in automatic buying, selling, negotiating, and trading, they may initially use stablecoins, gradually moving on to Bitcoin and other public chain assets.
