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Ex-Binance CEO, Changpeng “CZ” Zhao, has stated that global cryptocurrency regulations are moving in a positive direction. CZ recently expressed this view during Binance Blockchain Week on October 31, following his release from a four-month term in US federal prison for Anti-Money Laundering violations. He refrained from commenting on the outcome of the upcoming presidential election but expects crypto to be a key discussion point.

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Ex-Binance boss, Changpeng “CZ” Zhao, thinks that the future of global cryptocurrency regulations is looking pretty bright, just as the US is gearing up for their presidential election. CZ recently spoke for the first time since being released from prison in the US, and he sounded pretty upbeat about which way things are swinging for crypto rules and regs.

He caught up with everyone during a fireside chat at Binance Blockchain Week on October 31, saying, “Overall [cryptocurrency regulation] is actually moving in a very positive direction… By June, Donald Trump is pro-crypto. By the end of June, both parties are pro-crypto. I’m still sitting in prison, like what the hell happened?”

Interesting, right? Seems like the general vibe towards cryptocurrency is changing, signaling a greater desire for digital assets among the public. But CZ refrained from calling the shots on who would emerge victorious in the presidential election.

For those who aren’t aware, CZ used to be the CEO of Binance, which happens to be the world’s largest cryptocurrency exchange. He walked out of federal prison on September 27, finishing a four-month term for Anti-Money Laundering violations, which the spokesfolk of the United States Federal Bureau of Prisons confirmed.

CZ gave his two cents a few days before the US presidential elections on November 5, during which crypto is expected to be a major discussion. So hang tight, folks. Things are about to get interesting!

Source: Cointelegraph