CZ Warns High Crypto Trading Fees Keep the U.S. From Winning the “Crypto Hub” Race

Binance founder CZ said the U.S. cannot fully become the world’s “crypto hub” because crypto trading fees remain too high and competition is still lacking. In a DC Blockchain Summit 2026 interview, he argued that the market’s biggest gap is not only regulation, but also trading costs and liquidity depth, noting that major liquidity pools are largely outside the U.S. CZ also addressed negative media narratives and related legal claims. He highlighted that U.S. federal courts rejected terror-financing-related accusations involving him and Binance within two weeks, arguing that courts rely on evidence rather than media storytelling. He said the industry has progressed toward clearer U.S. crypto regulation, more institutional adoption, and improved policy signals. For traders, the core takeaway is that crypto trading fees are a structural barrier to U.S. market competitiveness, potentially affecting venue selection, order-flow concentration, and short-term volatility around regulatory headlines. If major exchanges and liquidity providers expand U.S. presence, lower effective trading costs could improve volumes and tighten spreads over time. Until then, markets may continue to route liquidity to lower-cost regions.