CZ (Changpeng Zhao), the founder of Binance, a highly influential figure in the cryptocurrency field, has recently attracted much attention with his movements. After ending his five-month imprisonment, he has returned to the public eye with freedom. His subsequent movements are not only related to a new chapter in his personal career, but also bring a lot of imagination to the future development of the crypto industry.
Local time this Friday, CZ was released two days early, walking out of this period of detention. During his imprisonment, he first spent about two months in a minimum-security prison in the California desert, and was then transferred to a halfway house in Long Beach, where he could go out under supervision. Having regained his freedom, he may prioritize reuniting with his family. His children and Binance co-founder He Yi are based in Dubai or Paris, and his family provided key support in his sentencing. After a long separation, family affection will be an important comfort to him during this time.
The Giggle Academy charity project is also one of CZ's priorities in the next stage. The project aims to provide free education to children around the world and was launched before he went to jail. Although the project website currently only posts a few job listings published a few months ago, details about the project timeline, funding sources, and scope are not fully clear. However, with CZ's return, there may be more substantial progress in the coming months, injecting new vitality into the global children's education cause.
Although CZ has resigned as Binance CEO and is subject to compliance restrictions, he still has an undeniable influence on the company as Binance's largest shareholder. Binance emphasizes that its business continues to grow in non-US markets, and CZ's ideas and decisions will still influence the development direction of Binance to a certain extent.
In addition, in terms of crypto industry activities, CZ appeared in Hong Kong in August this year and participated in a number of industry events. Among them, his speech at the Bitcoin Asia 2025 conference held at the University of Hong Kong attracted widespread attention. He shared his insights on several key areas of the cryptocurrency industry: In terms of stablecoins, he pointed out that stablecoins have become an important tool for the globalization of the US dollar, and suggested that Hong Kong rely on the advantages of offshore RMB to develop RMB stablecoins, opening a breakthrough for the internationalization of the RMB; Talking about RWA tokenization, he believes that financial assets such as stocks and bonds are more suitable for tokenization than non-financial assets such as real estate, and suggested that the Hong Kong Stock Exchange promote the tokenization of financial assets; On exchange competition, he opposed Hong Kong's mandatory "localization isolation" and suggested attracting large global exchanges to operate in compliance to access global liquidity; For CEX and DEX, he predicted that the size of DEX may exceed CEX in the next 5-10 years, but the two will form a complementary ecosystem; He is also very optimistic about the prospect of combining Web3 and AI, and suggested that Hong Kong prioritize the development of relevant digital payment interfaces and compliance frameworks to seize the first opportunity for the future AI economic settlement center.
Now, at the age of 47, CZ is in the golden age of his career and is full of infinite possibilities. Whether it is shining in the field of charity, or continuing to influence the development of Binance as a shareholder, or opening up a new territory in the crypto industry, it is worthy of continuous attention from cryptocurrency enthusiasts and investors, and looking forward to him bringing more changes and surprises to the industry.
