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Binance.US Hires Compliance Lawyer as New CEO

Cointelegraph
Binance.US appointed Stephen Gregory, a compliance lawyer, as its new CEO, signaling a focus on re-expansion and new offerings.

Summary

Binance.US has named Stephen Gregory, formerly of CEX.IO and Gemini, as its new CEO, replacing Norman Reed who will now serve as an advisor. Gregory’s appointment, effective March 9th, comes as the exchange aims to re-expand its services within the United States. Binance.US faced a lengthy lawsuit from the SEC, which was dismissed in May, and has recently reinstated US dollar deposits and withdrawals. The company plans to expand its staking products and introduce services related to decentralized finance and tokenized assets, following a trend among exchanges to offer more than just trading.

(Source:Cointelegraph)