CZ: No longer operating exchanges, optimistic about BNB Chain upgrade and RWA development

Binance founder CZ stated on the Galaxy Brains podcast that he no longer operates an exchange and BNB Chain is developing a new version that is faster, cheaper, and has more privacy controls. CZ suggests that blockchain developers push for major updates during bear markets. CZ stated that the development speed of RWA exceeded expectations, and stablecoins, oil futures, and AI stocks have high acceptance in the cryptocurrency community. CZ believes that encryption is a technological tool that makes financial transactions faster and more transparent, and the boundary between traditional finance and encryption will disappear in the future.