After receiving a pardon from Trump, CZ accelerates his return to the US market, vowing to help build the "global crypto capital."

After President Trump’s official pardon, CZ is shifting his strategic focus back to the US market and has publicly expressed his vision to help promote the US as a global hub for cryptocurrency innovation. According to information from a private launch event at Blockchain Week held in Dubai from December 3 to 4, CZ considers the US to be an “emerging market for CEX” and plans to increase investment once the policy environment improves.

CZ stated that he is “very grateful” for Trump’s pardon, noting that the move allows his exchange to operate more freely on a global scale, especially regaining strategic initiative in the US market. At the event, he said directly, “My goal is to help the US become the capital of cryptocurrency.”

In recent years, related CEXs have faced severe regulatory pressure restricting their development in the US. CZ mentioned that during the Biden administration, the exchange nearly halted all investments in the US market and even considered withdrawing local operations. Since its launch in September 2019, its US affiliate has served American users, but its scale is much smaller than the global market. In 2023, due to lawsuits from the SEC, the platform lost access to banking services and had multiple state licenses suspended, further limiting its operations.

Now, amid a clear shift in policy direction and a more defined regulatory framework, CZ is once again emphasizing the importance of the US. He pointed out that the US is not only one of the world’s largest financial markets but also has a dense pool of tech talent. However, many major blockchain companies, including related CEXs, still have their core technical teams operating mainly outside the US.

With changes in the political environment and regulatory adjustments, the US is once again becoming a focal point for the global crypto industry. How CZ’s “return to the US plan” will impact CEXs and the overall industry ecosystem remains to be seen, but his statements have sent a clear signal to the market: the exchange is preparing for a brand-new era of crypto in the US.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)