At the World Economic Forum in Davos on January 22, 2026, Binance founder CZ highlighted the potential decline in the need for physical banking services over the next decade due to advancements in cryptocurrency, blockchain, electronic KYC, and digital processes. Despite this shift, CZ emphasized that traditional banks will not disappear and will continue to play crucial roles in key functions. He also noted that both emerging crypto assets like Meme and traditional financial institutions are high-risk areas, advocating for a cyclical and cautious approach to their long-term development.