CZ, the majority shareholder of Binance and Binance.US, said he wants the United States to become the capital of crypto, arguing that the market can be strengthened by tapping global liquidity while a legislative bill aimed at clarifying regulatory matters remains pending.

He made the remarks in two interviews with CoinDesk earlier this month, after serving a four‑month prison term for Bank Secrecy Act violations in 2024 and returning to the United States.

CZ attributed the current crypto bear market to investors shifting to artificial‑intelligence assets, geopolitical developments, and the typical four‑year market cycle, and said he prefers to act as an informal adviser rather than run an exchange.

He said his guilty plea did not damage his reputation and that his goal in Washington, D.C., is to clear up misunderstandings about himself and Binance, but an ethics provision and other legislative hurdles continue to delay a potential agreement, with the Senate having roughly 20 days before a September 1 deadline.

The pending bill, which would address crypto regulation, has no detailed terms yet, and other legislation, including a housing bill and a funding reconciliation bill, has already passed, while the Foreign Intelligence Surveillance Act reauthorization remains pending.