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CZ Seeks ASEAN-Wide Crypto License Passporting for Simplified Market Access

Guavy AI Editorial Team
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Binance's CEO, CZ, has called for the implementation of an ASEAN-wide crypto license passporting system to simplify market access in Southeast Asia.

This move aims to streamline regional market entry and participation for cryptocurrency businesses, making it easier for them to operate across multiple countries within the Association of Southeast Asian Nations (ASEAN).

CZ emphasized that this would enhance the competitiveness of the region's crypto industry by reducing regulatory hurdles and increasing investor confidence.

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