CZ: The world is shifting its attitude towards crypto assets, with new funds in the past year mainly coming from traditional financial institutions.

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Binance founder CZ notes a significant shift in global attitudes toward crypto assets, led by the US and followed by countries like the UAE and Thailand. Traditional financial institutions and family offices are now the main sources of new funds in the crypto sector.

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crypto assetstraditional financeregulatory changesBinancecapital flow
According to Mars Finance, on January 23, Binance founder CZ stated at the World Economic Forum in Davos that the change in the US attitude towards the crypto sector is significant and will influence all aspects of the Western world. Following the US lead, many countries have also begun to change their attitudes towards crypto assets, such as the UAE, Thailand, and several Central Asian countries. The UAE has granted Binance licenses for almost all of its global operations, including futures. In addition to changes in regulatory policies, capital flows are also shifting. Many traditional funds are unable to allocate to crypto assets; even JP Morgan CEO Jamie Dimon, who previously publicly opposed it, now recommends his clients allocate a certain percentage to crypto assets. Over the past year, new funds in the crypto sector have primarily come from traditional financial institutions and family offices.

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