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On January 22, Binance founder CZ spoke at the "Financial New Age" panel discussion during the World Economic Forum in Davos. He stated: "Different countries have distinct priorities, agendas, and considerations, so setting up a global regulatory body is quite challenging. Of course, we hope such an organization emerges—especially if it can establish a regulatory framework that’s relatively innovation-friendly. This would significantly simplify work for industry players." He added: "Cryptocurrencies are consistent across countries; there are no country-specific tribal systems. So there should be an optimal framework we can adopt and implement. That’s why I’m currently working hard, devoting significant time to figuring out what this framework entails and how to collaborate with various countries."

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

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