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Binance Boss Admits Crypto Regs Are Finally Getting Out of This Madhouse – But at What Cost?

A  illustration of Changpeng Zhao sitting in front of a cityscape at sunset, symbolizing hope and optimism for crypto regulations. He's surrounded by broken chains and shackles on the ground, representing his past struggles with AML violations. In contrast, he holds a tablet displaying the Binance logo, signifying his role as CEO and commitment to innovation.

The crypto bros have finally found something they can agree on: how much of a complete mess their precious cryptocurrency is. Changpeng ‘CZ’ Zhao’s recent fireside chat at Binance Blockchain Week was met with crickets as he meekly stated that global crypto regulations are heading in the right direction, because who needs actual substance when you’ve got empty promises and PR spin? Meanwhile, his former prison sentence for AML violations is being conveniently swept under the rug like a bad penny. It’s almost too easy to see how this whole ‘optimistic about regulation’ act is nothing more than a clever ruse to further Binance’s interests.

Source: cointelegraph

Changpeng “CZ” Zhao, the co-founder and former CEO of Binance, is optimistic about the future of global crypto regulations ahead of the upcoming United States presidential election. Cryptocurrency regulations are heading in a promising direction worldwide, Zhao said during his first public speech since his release from prison in the US. During an Oct. 31 fireside chat at Binance Blockchain Week, CZ said: Zhao indicated that shifting views on cryptocurrency […]

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