According to ChainCatcher, CZ, the former CEO of Binance, refuted the remarks of U.S. Senator Elizabeth Warren on social media.
Warren previously warned that cryptocurrencies could "destroy" the U.S. economy and claimed that NYSE-listed companies could evade SEC regulation through digitalization, and if Amazon, Meta, or General Motors choose to exit, it would seriously damage NYSE's value.
CZ questioned Warren's attempt to restrict U.S. companies under the logic of "protecting the U.S. economy", pointing out that NYSE is merely a company wholly owned by ICE with a market value of around $100 billion, while Amazon's market value has reached $2.40 trillion. He emphasized: "NYSE is not equal to the economy. All companies together constitute the economy."
