CZ: If Rebuilding Global Exchange, Would Exclude US Users

This is a notable signal from a founder whose platform faced major US regulatory enforcement, suggesting that the compliance burden and legal exposure of the US market may outweigh its revenue potential for global players. It underscores a growing bifurcation where offshore exchanges prioritize non-US liquidity and regulatory arbitrage, while US users are increasingly funneled into domestic, regulated venues. The remark could influence how other international platforms weigh market entry, and whether the US remains a magnet for global crypto innovation is the open question.