Binance.US hires new CEO as exchange pursues growth in ‘crypto capital of the world’

Binance.US has appointed Stephen Gregory, formerly of Currency.com, as its new CEO, signaling a renewed focus on growth within the U.S. market. This move follows the restoration of fiat deposits and withdrawals after a period of suspension due to regulatory concerns. Gregory’s expertise lies in digital asset compliance and regulation, having previously held positions at Gemini and CEX.io. He succeeds interim CEO Norman Reed, and aims to build upon the “Binance.US brand” and Changpeng Zhao’s vision of establishing the U.S. as a global “crypto capital.” The appointment comes after a period of legal challenges for Binance and its founder, culminating in a pardon for Zhao by President Trump. While the global Binance exchange leads in trading volume, Binance.US currently trails behind major U.S. competitors like Coinbase and Kraken in terms of American customers.

(Source：The Block)