CZ: Hope the European Rules to Be Viewed as the Global Standard

Binance founder and CEO CZ, spoke at the Binance Blockchain Week Paris 2022. During his speech, CZ said that the proposed crypto rules for Europe, MiCA (Market in Crypto Assets), are "fantastic." However, the founder of the world’s largest crypto exchange did say that the rules were a little strict towards stablecoins. CZ highlighted that the drafts do not adopt "USD-based stablecoins which have 75% of the liquidity in the market." Nonetheless, CZ expects the European rules to be viewed as the global standard.
Source

Binance

CZ

Related News
Binance South Africa to require information on senders and recipients for local compliance Binance South Africa to require information on senders and recipients for local compliance
Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument
Binance suspends employee for allegedly profiting off of insider information Binance suspends employee for allegedly profiting off of insider information
Binance Records $3.97B Weekly Inflows Binance Records $3.97B Weekly Inflows
Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined
Latest News More More
2 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
June 20 Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
June 17 Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
June 13 XRP Ledger adopts USDC one week after Circle goes public
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open