CZ: The world is shifting its attitude towards crypto assets, with most of the new funds in the past year coming from traditional financial institutions.
On January 23, CEX founder CZ appeared at the World Economic Forum in Davos yesterday and stated that the change in the US attitude towards the crypto sector is of symbolic significance and will also affect all aspects of the Western world. Driven by the US, many countries have also begun to change their attitudes towards crypto assets, such as the UAE, Thailand, and several Central Asian countries. The UAE has provided licenses for almost all of CEX’s global operations, including futures. In addition to regulatory policy changes, capital flows are also shifting. Many traditional funds are unable to allocate to crypto assets, and even Jamie Dimon, CEO of JP Morgan, has publicly opposed it before, but now he recommends that his clients allocate a certain proportion to crypto assets. Over the past year, the new capital in the crypto sector has mainly come from traditional financial institutions or family offices.
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CZ: The world is shifting its attitude towards crypto assets, with most of the new funds in the past year coming from traditional financial institutions.
On January 23, CEX founder CZ appeared at the World Economic Forum in Davos yesterday and stated that the change in the US attitude towards the crypto sector is of symbolic significance and will also affect all aspects of the Western world. Driven by the US, many countries have also begun to change their attitudes towards crypto assets, such as the UAE, Thailand, and several Central Asian countries. The UAE has provided licenses for almost all of CEX’s global operations, including futures. In addition to regulatory policy changes, capital flows are also shifting. Many traditional funds are unable to allocate to crypto assets, and even Jamie Dimon, CEO of JP Morgan, has publicly opposed it before, but now he recommends that his clients allocate a certain proportion to crypto assets. Over the past year, the new capital in the crypto sector has mainly come from traditional financial institutions or family offices.