Speaking at the Binance Blockchain Week conference in Dubai, the owner and former CEO of the world’s largest crypto exchange, Binance, said that the market will be in a bullish trend in 2025. According to him, cryptocurrencies have become popular among the US political elite.

Changpeng Zhao said that global cryptocurrency regulation is moving in a positive direction, and politicians around the world are changing their attitude towards the crypto market:

“There are positive developments in the development of crypto regulations around the world, and in 2025 the market will be under the influence of bulls. Interest in digital assets is growing.”

According to the businessman, some investors now fear that the United States is lagging behind in creating a legislative framework, while the European Union is preparing to implement its own cryptocurrency law (MiCA) before the end of 2024. MiCA could become a model for creating a global system for regulating stablecoins.

In such a large country as the United States, the process of discussion and acceptance of cryptocurrencies by society has accelerated thanks not only to Donald Trump (Donald Trump), but also to representatives of the US Democratic Party, the businessman said.

Zhao said that he would not return to Binanceeven if the US government allows it. He planned to focus on educational projects related to blockchain and investments in the crypto industry.

Earlier, experts from the CCData platform stated that Binance continues to occupy a leading position among cryptocurrency exchanges. The total trading volume on the site exceeded $100 trillion, according to CCData figures.