Binance CEO Changpeng Zhao has encouraged other countries to work harder to maintain their attractiveness for businesses as the US embraces cryptocurrency. This comes after venture capital firm Andreessen Horowitz decided to close its London office and shift its focus back to the US market. While the firm is still willing to assist the UK with its crypto efforts, Zhao suggested that other companies may also prioritize the US market. The US has recently made significant changes to its crypto policy, such as allowing large banks to custody cryptocurrency and establishing a working group for the industry's development.



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