The compliance of cryptocurrency exchanges, I would call it "Schrödinger's River Turtle"

My identity in Malaysia, many exchanges actually don't let me open an account because Malaysia has clear exchange licenses.
Exchanges that haven't obtained a license follow the rules and don't allow Malaysians to use them.
But for users in mainland China, they turn a blind eye.
Even if Malaysia enforces strict regulations here, it's not as strict as mainland China.
Honestly, there are too many mainland Chinese users in the crypto space, and giving up such a large market for compliance isn't worth it.
Moreover, there's no foreseeable path for mainland China to issue any compliant licenses in the future, so complying with Chinese regulations has no licensing prospects, and they simply choose not to comply.
Therefore, I propose this new term: "Schrödinger's River Turtle"
It refers to:
When the benefits of compliance are greater, then comply;
When the benefits of non-compliance are greater, then don't comply.