US EditionBinance Founder Changpeng Zhao (CZ) Announces Expansion Plans for the US Exchange! Here Are the Details
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7 Articles
Binance US Eyes Growth Amid New Regulatory Climate: Report
Binance.US, the American affiliate of the global crypto exchange, is reportedly exploring expanding within the US to develop and offer “superior products” to the American market, following the Trump administration’s easing of enforcement actions and push for a clear regulatory framework. Binance.US Eyes Local Growth On Monday, Bloomberg reported that Binance founder and former CEO Changpeng Zhao shared Binance.US’s plan to expand its business in…
Binance Plots U.S. Comeback as Changpeng Zhao Unveils New Expansion Strategy
Binance is planning to return to the U.S. market as the co-founder Changpeng Zhao outlines the new efforts the exchange is making to expand its services to the country. Just a few months after receiving a presidential pardon from Donald Trump, Zhao was seen at an event hosted by World Liberty Financial at Mar-a-Lago in Palm Beach, Florida. His appearance is currently his most ‘high-profile visit’ to the United States since he stepped down from h…
Binance.US Explores Banking Ties After SEC Drops Case
TLDR Binance.US plans to expand its US operations after the SEC dismissed its 2023 lawsuit with prejudice. Changpeng Zhao said a clearer regulatory climate could support deeper banking partnerships and a possible financial charter. The SEC dropped the case following a policy shift and a mutual agreement between regulators and the exchange. Binance. US had suspended dollar deposits and withdrawals for about eighteen months during the legal dispu…
Binance.US studies options for approaching regulated banking in the United States, including alliances and up to a possible license, but Changpeng’s share weight “CZ” Zhao and the demands of control, compliance and governance remain the great filter for any integration. *** Changpeng “CZ” Zhao continues as the main shareholder of Binance.US, generating concern among American banks even though it no longer has governance roles. Financial institut…
Key points of the news: CZ attended Mar-a-Lago at a World Liberty Financial forum and said Binance.US wants to do much more business in the U.S. with a “superior” offer. He said he does not direct the global exchange after his conviction by AML in 2023, and said Binance.US could recover banking or seek a license under a more favorable climate. Binance promoted USD1, used in the investment of $2 billion MGX, while Democrats question possible conf…
Binance.US eyes deeper banking ties and charter options after SEC lawsuit withdrawal
Binance.US's pursuit of deeper banking ties post-lawsuit could reshape US crypto regulation, fostering innovation while ensuring compliance. The post Binance.US eyes deeper banking ties and charter options after SEC lawsuit withdrawal appeared first on Crypto Briefing.
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