Core Insights - Binance co-founder Changpeng "CZ" Zhao expressed that he gained valuable insights from CFTC Chair Michael Selig's discussion at the World Liberty Forum [1][2] Group 1: CFTC Chair's Remarks - CFTC Chair Michael Selig indicated that previous administrations had discouraged the development of new tools, but his agency is now prepared to collaborate with both established and new market participants, as well as embrace both old and new technologies [3] - Selig has recently supported American prediction markets and committed to defending the industry against state regulators [3] Group 2: Event Highlights - The World Liberty Forum featured discussions on the intersection of traditional banking and cryptocurrency, with Solomon arguing that they are not in a zero-sum competition, highlighting tokenization as essential for the financial industry's growth [4] - Celebrity rapper Nicki Minaj participated in a fireside chat discussing music and culture at the event [4] - The World Liberty Financial token was trading at $0.1176, reflecting a 2.12% increase in the last 24 hours [4]
Crypto Billionaire Changpeng Zhao Praises CFTC Chair's Talk At Trump's Mar-A-Lago: 'Learned A Lot' - Coinbase Global (NASDAQ:COIN)