Changpeng Zhao proposed relaunching Binance.US to allow US users to access global cryptocurrency liquidity.
CoinFeed reported on May 8th, citing CoinDesk, that Binance founder Changpeng Zhao stated at the Consensus conference that he hopes to relaunch Binance.US, allowing US users to regain access to global crypto liquidity. He pointed out that cryptocurrencies are one of the few markets where the US cannot obtain optimal prices, while Binance possesses the best liquidity in that market. Zhao stated that US crypto policy has shifted in the past year and a half and is now leading the world, with many developers and crypto companies that previously left returning. Zhao also stated that BNB Chain lacks exposure in the US, while other Layer 1 blockchains have done more marketing and community building there. The limited institutional access to BNB has actually provided opportunities for investors.