Binance founder Changpeng Zhao, commonly known as CZ, has stated that the cryptocurrency industry has never required a bailout and will not need one in the future. This assertion underscores the resilience and self-sufficiency of the crypto sector, even amidst market fluctuations and regulatory challenges. CZ's comments reflect a confidence in the decentralized nature of cryptocurrencies, which contrasts with traditional financial systems that often rely on government interventions during crises.