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.