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CZ: The world is shifting its attitude towards cryptocurrency, with the majority of the new funds in the past year coming from traditional financial institutions
BlockBeats News, January 23rd, Binance founder CZ appeared at the World Economic Forum in Davos yesterday, stating that the changing attitude of the United States towards the crypto field is of significant importance and will impact all aspects of the Western world. Following the lead of the United States, many countries have also started to shift their stance on crypto assets, such as the UAE, Thailand, and several Central Asian countries. The UAE has provided Binance with licenses for almost all its global operations, including futures.
In addition to changes in regulatory policies, there is also a change in capital flows. Many traditional funds were unable to allocate to crypto assets, with even JP Morgan's CEO Jamie Dimon having publicly opposed it in the past. However, he now recommends that his clients allocate a certain percentage to crypto assets. Over the past year, the inflow of new funds into the crypto field has been mainly from traditional financial institutions or family offices.
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