[CZ: Proactively Pleading Guilty in the U.S. and Its Impact on Binance Users and the Overall Crypto Industry] Odaily Planet Daily News - CZ stated in his new book *Binance Life* that he proactively traveled to the United States in 2023 and admitted to violating provisions of the U.S. Bank Secrecy Act, primarily related to Binance's early services provided to U.S. users without completing registration. CZ noted that under the increasingly stringent regulatory environment at the time, failing to make this decision could have brought greater uncertainty and potential shocks to Binance's operations, BNB holders, and the industry's development. CZ explained that he chose to personally assume legal responsibility as a way to mitigate risks, reduce the impact on platform users and the overall crypto industry, and ensure the continued operation of the business.