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During the conference Token2049 in Dubai 30 April ChangPeng ” Cz Zhao, the former CEO of Binance, has not changed his words: Europe would almost miss the debate on crypto adoption. For Zhao, while countries such as the United Arab Emirates or Bhutan accumulate bitcoin and Ethereum as strategic reserves, European countries move anywhere.
In short
- ChangPeng Zhao condemns the absence of a clear crypto strategy in Europe, with the exception of Montenegro.
- Country such as Emirates or Bhutan already accumulates bitcoins and Ethereum as reserves.
- The EU proceeds slowly despite the mica frame, without a coordinated reserve project in the crypto.
- The United States with a recent example of Arizona participates in a strategic title.
Crypto: ChangPeng Zhao criticizes Europe for its inertia in adoption
” I don’t see Europe in this discussion “He said. According to him, only a remarkable exception: Montenegro, whose prime minister is tried” visionary and open ». The country’s goal is also to become a center of innovation of the blockchain. But for the rest of the continent, there is an obvious lack of a specific commitment to crypto.
Meanwhile, the European Union seeks to persuade the gradual application of the regulatory framework that started in December 2024. If the latter oversees the crypto markets, no coordinated Bitcoin project has seen daylight. In January 2025, the Czech National Bank mentioned an investment of $ 7 billion in a bitcoin reserve, but BTC volatility was a real obstacle to this adoption.
The old continent lags behind the American initiatives
On the other hand, the United States on this matter proceed with several legislative initiatives on the federal and state scale. In April 2025, not later Arizona took a decisive step towards taking bitcoins as a strategic active. On April 28, the state legislator approved two accounts, SB1025 and SB1373, which entitled the Treasurer to invest up to 10 % of public funds in crypto assets, including BTC.
These measures are now waiting to sign Governor Katie Hobbs to enter into force. This confirms the words ChangPeng Zhao: The world is moving, but Europe is slowly watching. Heavy observation CZ, which confirms its role as a critical prospect in the crypto of the universe.
While bold nations occupy a crypt position, Europe remains frozen, worse, and could even ban bitcoins. Critics ChangPeng Zhao rings today as a warning: Without a quick reaction, the old continent risks to lose its place in a new digital economy carried by cryptocurrencies.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.