Binance founder Changpeng Zhao says he would block U.S. users from day one

In a May 9, 2026 interview with Crypto In America, the Binance founder said he would have used geo-fencing (location-based access restriction) from the start if he could do it again.

Summary

Binance founder Changpeng Zhao said in a May 9, 2026 interview with Crypto In America that, in hindsight, he would have blocked U.S. users from the beginning and implemented geo-fencing (location-based access restriction) from day one. The comment reflects his retrospective view on how Binance should have handled U.S. market access, a key issue for global crypto exchanges operating across multiple jurisdictions.

Terms & Concepts
  • Geo-fencing: A location-based access restriction that limits users from entering a service or platform based on their geographic location.
  • Crypto exchange: A platform where users can buy, sell, and trade digital assets such as Bitcoin and other cryptocurrencies.
  • Jurisdiction: The legal and regulatory authority a country or region has over a business, platform, or activity.