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Regulation & policy

Binance Co-Founder CZ Advocates ASEAN Crypto License Passport: Not Officially Confirmed

Binance co-founder Changpeng Zhao (CZ) publicly supported the idea of an ASEAN crypto license passport at the ASEAN Tech Summit Manila 2026, aiming to simplify regional licensing for crypto firms. According to crypto.news, the proposal would allow companies licensed in one ASEAN country to seek streamlined approval in others, reducing repeated applications. However, no formal framework, timetable, or official confirmation exists, and national regulators retain authority. The report is not officially confirmed.

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