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CZ backs Philippines as crypto hub amid regulatory push, growth

CZ backs Philippines as crypto hub amid regulatory push, growth

Insider Spotlight

  • Binance founder Changpeng “CZ” Zhao praised Philippine regulators for taking a collaborative approach to digital asset oversight.
  • CZ highlighted the SEC’s in-principle approval of BlockShoals under the StratBox regulatory sandbox as a signal of the country’s pro-innovation stance.
  • He said the Philippines is emerging as one of Southeast Asia’s most promising crypto markets and reiterated his bullish outlook on digital assets.

Binance founder Changpeng “CZ” Zhao has expressed optimism about the Philippines’ growing digital asset ecosystem, citing what he described as a balanced regulatory approach that encourages innovation while protecting consumers.

In a post on X on the night of Sunday, June 28,…

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