Why This Crypto Guy Thinks Governments Should Chill Out — You Won’t Believe It!

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So, here’s Changpeng Zhao, also known as CZ, the big kahuna behind Binance — the world’s largest crypto exchange — freshly off paying a $50 million fine to dodge those pesky money laundering charges. Now, instead of lying low, he’s leaning in, telling governments to, get this, “relax a bit” about crypto. Relax?! What is this, a yoga class or a financial revolution?

Alright, let’s see what he’s pitching.

CZ’s Big Government Pep Talk

Apparently, CZ’s been rubbing elbows with government folks all over Asia, trying to babysit the future of blockchain and digital money. Recently, he showed up at the Ritz-Carlton in Kuala Lumpur (because where else?), and dropped some wisdom about how Middle Eastern countries are nailing this crypto thing.

His advice? “Hey governments, just chill out a little!” In his words, if you stop poking around with endless rules, businesses and tech can actually do their thing and flourish. Groundbreaking, right?

Dubai: The Crypto Playground

He’s got a soft spot for Dubai — which, surprise surprise, loves to roll out the red carpet for crypto folks. CZ said it took him just 24 hours to snag a golden visa there. Twenty-four hours! Meanwhile, some of us can’t even get a decent haircut that fast. Binance even got a full operating license in Dubai in 2024. So, clearly, when a country doesn’t freak out about crypto, business booms and everyone’s happy. Or so they say.

The U.S.: Crypto Softening, or Just a Political Rollercoaster?

Oh, and get this: CZ claims the U.S. government’s attitude toward crypto is warming up since Donald Trump’s reign. Yeah, that’s right — the same guy who kept everyone guessing is apparently helping crypto out. Who knew? This has other countries thinking, “Hey, maybe we should ease up too,” making it easier for crypto businesses to grow worldwide.

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2025-04-25 16:41