Binance co-founder Changpeng “CZ” Zhao backed a proposal for ASEAN to simplify crypto licensing across member states. He said a shared framework could reduce costs, increase competition and make regional expansion easier.

Deeper collaboration among ASEAN member states is essential to developing unified principles and interoperable frameworks that ensure the responsible use of AI and uphold ethical standards in data governance.

While President Donald Trump is busy dishing out the levy, China is reaching out to South East Asia countries, promising to protect them against the tyranny of the Trump Administration.

As nearly 20 countries plan to move away from the USD in 2024, the global financial landscape braces for a seismic shift. The initiative led by BRICS and joined by ASEAN and other regions challenges the long-standing dominance of the dollar. While immediate demise of USD influence is unlikely, the movement towards a more multipolar economic order indicates a growing discontent with USD's supremacy and a quest for a more democratic global economic system.