CZ Calls For New Crypto Regulations

November 14, 2022

Binance Chief CZ has called for transparency in crypto regulations after FTX fiasco. 

Binance has been planing to spearhead efforts with other industry players to set global standards in the wake of FTX bankruptcy, CZ has confirmed at a conference in Bali.

“As an industry we need to increase transparency. We need to work very closely with regulators all around the world to make this industry more robust", CZ said.

He also said that there is a strong role for regulators to play but we can’t blame this on any single party.

Earlier CZ was involved in a public feud with FTX chief SBF.

The dispute was part of series of events ahead of the FTX's rapid collapse. 

It has left many investors questioning the future of digital assets.