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Binance CEO Suggests US Reluctance to Adopt Comprehensive Crypto Market Policy Due to Desire to Maintain Global Dominance of US Dollar

Binance CEO Changpeng Zhao (CZ) suggested during an "Ask Me Anything" event that the US may be hesitant to adopt a comprehensive crypto market policy due to a desire to maintain global dominance of the US Dollar. However, CZ argued that embracing the web 3.0 space could actually benefit the US rather than hinder it.

He also acknowledged that some individuals in the banking sector feel threatened by blockchain technology. These comments were made in the context of the Commodity Futures Trading Commission's lawsuit against Binance and CZ for "wilful evasion of US law." Stay informed on the latest news and trends in the crypto industry by checking out our regularly updated list of reliable and informative crypto Telegram channels. Don't miss out on the opportunity to stay ahead of the game in the world of crypto.

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