CZ plans industry association to communicate with regulators worldwide

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Binance CEO Changpeng Zhao is planning to set up an association of big crypto players to communicate with regulators worldwide.

Crypto lending firm BlockFi said it would continue to pause many of its platform activities"for now" after FTX filed for bankruptcy protection last week.

 

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I wish someone showedd me this earlierr

Now that I’ve destroyed my competitor I will become him!

Is cz allowed to travel to the US?

🤢

Gary 'pees sitting down' Gensler isn't listening no matter what you attempt.

Theyy don’t want youu to know thiss

Nothing good with this regulations. The news about FTX was done in purpose, steal billions and on the same time create a situation for everyone to shout: Yes we need regulation. Mark my words: when regulation comes, this market is dead as stocks.

Is there anything like it?

Good move, I've been calling for this for some time. I've seen firsthand the success of doing this as I was in a similar situation in a different industry. The industry has to be proactive. This is my long-standing recommendation:

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Binance creates industry recovery fund to help projects struggling with liquidityBinance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »