CZ stated in an interview with CoinDesk that the 50% correction in the crypto market over the past year was not caused by a single factor, but rather a combination of geopolitical tensions, investors shifting funds into the AI sector, and the typical four-year market cycle. CZ said that in the long run, the demand for financial technology and trading volumes will continue to grow, and he is not worried about the industry's long-term development or short-term price fluctuations, adding that emerging industries like AI absorbing "hot money" from the crypto space is a positive phenomenon in the long term. Regarding U.S. regulatory policies, CZ believes that short-term regulations like the Clarity Act are important but do not affect the long-term growth of the crypto industry, and noted that if U.S. legislation lags, other countries may move ahead. Additionally, CZ emphasized that he tries to stay away from U.S. politics as much as possible, but pointed out that anti-crypto policies will cause politicians to lose a large number of votes.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned