Binance founder CZ said many countries still lack crypto regulatory frameworks, with only a small number having established them, but he is seeing a shift among government leaders and politicians worldwide. He attributed some official skepticism to older generations being slower to adopt new technology and more exposed to traditional media, which he said is generally more negative toward crypto. CZ said policymakers have recently focused on centralized exchanges and are increasingly turning to stablecoins, partly because the United States lacks clarity in that area. He also encouraged countries to establish crypto reserves, issue stablecoins linked to their national currencies and use blockchain to expand liquidity in those currencies. Governments are additionally discussing tokenized assets including rare earths, real estate, cultural artworks and intellectual property as a way to attract capital and enable overseas buyers to access domestic assets.