CZ wants to make the US the ‘crypto capital’: State of Crypto

CZ told CoinDesk over the course of two interviews that he saw multiple causes for the cryptocurrency bear market in 2026, including investors shifting funds into AI, geopolitical events, and the usual four-year cryptocurrency market cycle.

He laid out his goals for Binance.US (the US crypto exchange he majority owns but does not manage on a daily basis) and said he wanted the platform to leverage Binance Global (the global crypto exchange he majority owns but does not manage) for its liquidity, as part of a broader push to strengthen the US market.

And while he said his goal in Washington, D.C., was to clear up any “misunderstandings” about him and Binance, he said pleading guilty to Bank Secrecy Act violations did not harm his reputation.

Still, CZ told CoinDesk that he does not want to run a crypto exchange again, saying he preferred to operate more as an informal advisor to the various companies he has invested in.

Read more at CoinDesk.

There is no real information yet on where this bill stands. It should be remembered that the ethics provision remains the biggest obstacle to reaching an agreement. Politico profiled White House crypto liaison Patrick Witt and confirmed that any deal he helps negotiate will need presidential approval.

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