#CryptoRoundTableRemarks #CryptoRoundTableRemarks: Global Crypto Leaders Call for Unified Regulatory Framework Amidst Rising Market Volatility

June 18, 2025 — Zug, Switzerland

In a historic closed-door summit dubbed the Crypto Round Table, top executives from the world's leading blockchain firms, including Ethereum Foundation, Binance, Circle, and Solana Labs, gathered alongside global financial regulators and tech policymakers to address the urgent need for a unified international crypto regulatory framework.

Held in Zug’s famed “Crypto Valley,” the summit featured candid, unscripted remarks that have since gone viral under the hashtag #CryptoRoundTableRemarks.

“The era of regulatory arbitrage must end,” stated Ethereum co-founder Vitalik Buterin. “We can’t scale Web3 on fragmented rules and gray zones.”

Binance CEO Yi He emphasized the risks of fragmented oversight: “Without coordination, we risk not just another FTX, but something far worse — global systemic loss of trust.”

In a rare alignment, U.S. SEC Chair Gary Gensler, attending via hologram from Washington D.C., agreed: “We need clarity, not chaos. Innovation cannot thrive in shadows.”

Notably, the summit also introduced the Zug Declaration, a preliminary framework advocating for:

Interoperable KYC/AML standards across jurisdictions

Smart contract audit requirements for DeFi protocols

Real-time, cross-border transaction tracking using blockchain analytics

Consumer protections akin to traditional finance

While not legally binding, the declaration has already gained backing from the European Commission, the Monetary Authority of Singapore, and several African digital asset task forces.