The movement to recognize cryptocurrencies as "hard currency" internationally is accelerating. Binance founder CZ reported through dialogues with government officials that high-ranking officials in multiple countries are beginning to position cryptocurrencies as hard currency. The shift in perception towards hard currency, which has traditionally been regarded as a standard of currency value, suggests that cryptocurrencies are moving from mere speculative assets to assets recognized at the national level. CZ has sent a message stating, "The world is finally beginning to understand the true nature of cryptocurrencies," and this change in perception at the level of national officials could have a significant impact on future policy development and financial markets.
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The movement to recognize cryptocurrencies as "hard currency" internationally is accelerating. Binance founder CZ reported through dialogues with government officials that high-ranking officials in multiple countries are beginning to position cryptocurrencies as hard currency. The shift in perception towards hard currency, which has traditionally been regarded as a standard of currency value, suggests that cryptocurrencies are moving from mere speculative assets to assets recognized at the national level. CZ has sent a message stating, "The world is finally beginning to understand the true nature of cryptocurrencies," and this change in perception at the level of national officials could have a significant impact on future policy development and financial markets.