CZ told CoinDesk in two interviews that he sees several causes for the 2026 crypto bear market, including investors moving funds into AI, geopolitical events, and the usual four-year crypto market cycle.
He outlined his goals for Binance.US – the US crypto exchange he majority owns but does not manage on a daily basis – saying he wanted to see the platform leverage Binance Global – the global crypto exchange he majority owns but does not manage – for liquidity, as part of a broader effort to strengthen the US market.
And while he said his goal in Washington, D.C. was to clear up any “misunderstandings” about himself and Binance, he said his guilty plea to Bank Secrecy Act violations had not harmed his reputation.
Nonetheless, CZ told CoinDesk that he no longer wants to run a crypto exchange, saying he prefers to operate more as an informal advisor to the various companies he has invested in.
Learn more in CoinDesk.
We still don’t really know where this bill stands. As a reminder, the ethical provision remains the biggest obstacle to an agreement. Politico profiled White House crypto liaison Patrick Witt, confirming that any deal he helps broker will require presidential approval.
