CZ: Busy yet Fulfilling Days with Over 20 Meetings and Calls on Average, Indescribable Sense of Accomplishment

On February 11, Binance founder Changpeng Zhao (CZ) told the All-In podcast in an interview that he has over 20 scheduled meetings or calls each day, plus ad-hoc tasks and social media responses. Though extremely busy, the work is highly meaningful—this sense of accomplishment has nothing to do with money or business growth and is hard to put into words. During the Biden administration, the U.S. government has alleged that groups like Hamas used Binance and the exchange failed to take adequate measures to address this. Discussions of related plea deals are subject to legal restrictions. The Biden administration is hostile to cryptocurrency, openly stating it intends to "fight against it." Policy changes under the Trump administration were positive for the U.S. and the world. The hostility toward crypto likely stems from fear of the new, as well as lobbying by the traditional financial industry. Binance operated smoothly between 2018 and 2020. In 2019, it launched a U.S. entity. At the time, reports indicated the U.S. government was targeting Binance and Bitfinex. After consulting friends with legal backgrounds, the decision was made to register in the U.S. This was a standalone entity regulated from its inception.