Binance founder and CEO Changpeng Zhao (CZ) expressed his views on the cryptocurrency regulation in the United States in a Twitter "AMA" session. CZ said that from the perspective of cryptocurrency, he is not optimistic about the current regulatory environment in the United States. "I think there is a lack of clarity in this regard. In at least one case, there is a clear case of law enforcement supervision, and we are the recipient of it. So, this is not good."

In addition, CZ also pointed out that stablecoins based on the US dollar will help strengthen the position of the US dollar. He believes that as more and more people use stablecoins for transactions, the US dollar will continue to be the main currency and increase its influence in the global monetary system. (Bitcoin.com)