On regulation, he explained that banking and securities regulations are mature and fairly consistent worldwide, while crypto regulations differ widely by country. Although Binance holds many licenses, most countries still lack clear frameworks, with the U.S. and others still in progress. He said global regulatory consistency would be beneficial but is difficult due to different national priorities, taxes, and capital controls. He added that countries like the UAE and others are engaging openly with the industry, and that he advises governments from a market-participant perspective.
