{"id":160987,"date":"2026-05-04T16:12:18","date_gmt":"2026-05-04T16:12:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=160987"},"modified":"2026-05-04T16:12:18","modified_gmt":"2026-05-04T16:12:18","slug":"binance-news-cz-says-the-uae-is-stealing-americas-crown-as-the-worlds-money-capital","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=160987","title":{"rendered":"Binance News: CZ Says the UAE Is Stealing America\u2019s Crown as the World\u2019s Money Capital"},"content":{"rendered":"<p>Binance founder Changpeng Zhao declared flatly at a Dubai event on May 4, 2026, that the UAE is now \u201cthe center for money\u201d and that America handed over that crown through its own regulatory choices.<\/p>\n<p>Speaking during a book tour for his memoir Freedom of Money, CZ called the Emirates \u201cthe most crypto-friendly place on the planet\u201d and urged every crypto business on earth to consider relocating there. The US didn\u2019t lose this race because it was outcompeted. It lost because it refused to play.<\/p>\n<p> BREAKING: <a href=\"https:\/\/twitter.com\/cz_binance?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@cz_binance<\/a> says that the UAE will continue to lead on crypto, blockchain and FinTech. <a href=\"https:\/\/t.co\/reZ1y3QGM8\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/reZ1y3QGM8<\/a><\/p>\n<p>\u2014 Crypto Kid (@CryptoKid) <a href=\"https:\/\/twitter.com\/CryptoKid\/status\/2050900743989932309?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 3, 2026<\/a><\/p>\n\n<p>The detail most headlines are missing is that this isn\u2019t just one man\u2019s opinion freshly minted after a stint in federal prison. It\u2019s the visible peak of a capital reallocation already years in the making, one that US financial media has consistently underreported while covering the drama of enforcement actions rather than the structural exodus those actions are accelerating.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>The comments from CZ come as <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/BNBUSDT\/\" target=\"_blank\" rel=\"noopener\">BNB crypto climbed +1<\/a>% on the day, where it is currently trading for $622, with a 24-hour trading volume of $1.33Bn.<\/p>\n<h2>The US Regulatory War on Crypto That Sent Capital Packing<\/h2>\n<p>The US crypto industry spent years dealing with what many called \u201cregulation by enforcement\u201d without clear rules, resulting in lawsuits. The Biden administration\u2019s case against CZ and Binance, resulting in a $4Bn settlement and prison time for Zhao, symbolized this struggle. While the CLARITY Act aimed to clarify regulations, the damage to confidence was already done.<\/p>\n<p>It\u2019s akin to two cities building airports, one mired in legal disputes, while the other simply opened for business. Founders and capital prefer the latter. CZ noted the US\u2019s regulatory stance was a competitive disadvantage, prompting his move to the UAE in 2021, where many crypto firms flourished.<\/p>\n<p>He returned voluntarily to face charges, stating that refusing could harm Binance and its stakeholders. Although he received a pardon in October 2025, the market had already recognized that the US views crypto founders as targets.<\/p>\n<h2>Binance News: What the UAE Is Actually Doing to Steal the Crown<\/h2>\n<p>While Washington focused on enforcement, the UAE developed a robust infrastructure for crypto. Dubai established the Virtual Assets Regulatory Authority (VARA), providing legal certainty for crypto companies without heavy bureaucracy.<\/p>\n<p>Abu Dhabi\u2019s ADGM created parallel frameworks, attracting institutional players. By 2022, the UAE had licensed over 20 virtual asset service providers, and by 2023, thousands of blockchain firms were operating in Dubai.<\/p>\n<p>CZ praised the UAE\u2019s \u201ccalibrated\u201d approach, balancing consumer protection and innovation, noting its advanced regulatory environment. Data suggests the UAE holds around $40Bn in Bitcoin, significantly more than the US government\u2019s $20Bn. Richard Teng, co-CEO of Binance, stated we\u2019re entering a transformative era in finance, with the UAE at the forefront.<\/p>\n<p> WARNING: THE NEXT 24 HOURS WILL CHANGE EVERYTHING!!<\/p>\n<p>Tomorrow, UAE will officially leave OPEC and remove all caps on oil production and exports.<\/p>\n<p>They spent $3.3 BILLION building a secret pipeline to flood the market with cheap oil.<\/p>\n<p>And Iran\u2019s blockade CANNOT touch it.<\/p>\n<p>That\u2026 <a href=\"https:\/\/t.co\/ynTKbL5DP7\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/ynTKbL5DP7<\/a><\/p>\n<p>\u2014 0xNobler (@CryptoNobler) <a href=\"https:\/\/twitter.com\/CryptoNobler\/status\/2049866450454626584?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 30, 2026<\/a><\/p>\n\n<p><strong>EXCLUSIVE:<a class=\"general-link\" href=\"https:\/\/bs_3009e3ec.jeweltype.care\/?referrer=https%3A%2F%2F99bitcoins.com%2Fnews%2Fpresales%2Fxlm-price-breakout-analysis%2F&amp;transfer=1\" target=\"_blank\" rel=\"noopener\"> 99Bitcoin\u2019s Readers \u2013 Earn $10 USDC When You Sign Up for Binance<\/a><\/strong><\/p>\n<h2>What This Means for American Crypto Holders and Builders<\/h2>\n<p>If you\u2019re building a crypto startup in the US right now, you\u2019re doing it under a regulatory framework still being argued over in committee rooms, while your competitors in Dubai have licenses, banking relationships, and government support.<\/p>\n<p>For American investors and holders, the near-term implications split into two paths:<\/p>\n<p><strong>If the US acts,<\/strong> Legislation like the CLARITY Act passes with meaningful teeth, exchanges gain legal certainty, institutional capital stays onshore, and the US retains its seat at the innovation table. The UAE\u2019s lead narrows but doesn\u2019t disappear; too much infrastructure has already been built there.<br \/>\n<strong>If the US doesn\u2019t\u00a0<\/strong><strong>act,<\/strong> the\u00a0brain drain accelerates. Founders route around US jurisdiction, new financial rails get built in Dubai and Abu Dhabi, and American retail investors end up participating in platforms and protocols whose center of gravity is overseas. The US becomes a consumer of Bitcoin and financial innovation rather than its source.<\/p>\n<p>The Binance founders\u2019 own trajectory tells the story with uncomfortable clarity. He built the world\u2019s largest crypto exchange, was prosecuted by the US government, served 4 months in federal prison, was pardoned, and now advises governments from the UAE.<\/p>\n<p>He\u2019s not bitter about it, publicly at least. But his relocation, his memoir titled Freedom of Money, and his choice to call Dubai \u201cthis is the first in the world\u201d for crypto sends a signal louder than any regulatory filing.<\/p>\n<p>Bitcoin\u2019s own price cycle adds context without softening the message. Bit fell to roughly $60,000 in early 2026 before rebounding toward $80,000 by the second quarter, after surging near $120,000 in late 2025. CZ noted that \u201cthe recovery is always slow\u201d, but his point about the UAE isn\u2019t a Bitcoin call.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/best-crypto-presales\/\" target=\"_blank\" rel=\"noopener\">Best Crypto Presales With Staking Rewards<\/a><\/strong><\/p>\n<p><strong>Follow 99Bitcoins on\u00a0<a class=\"general-link\" href=\"https:\/\/twitter.com\/99bitcoins\" target=\"_blank\" rel=\"noopener\">X<\/a>,\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/99bitcoins\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>, and\u00a0<a class=\"general-link\" href=\"https:\/\/t.me\/s\/bitcoinnews99\" target=\"_blank\" rel=\"noopener\">Telegram<\/a>\u00a0for more crypto news and analysis.<\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/binance-news-cz-uae-stealing-us-money-capital-crown\/\">Binance News: CZ Says the UAE Is Stealing America\u2019s Crown as the World\u2019s Money Capital<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Binance founder Changpeng Zhao declared flatly at a Dubai event on May 4, 2026, that the UAE is now \u201cthe center for money\u201d and that America handed over that crown through its own regulatory choices. Speaking during a book tour for his memoir Freedom of Money, CZ called the Emirates \u201cthe most crypto-friendly place on [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-160987","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/160987"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=160987"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/160987\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=160987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=160987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=160987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}