Binance.US Appoints New CEO, Aiming to Drive U.S. Market Expansion

BlockBeats News, March 12th, Binance.US announced the appointment of former Currency.com CEO Stephen Gregory as the new CEO, succeeding former interim CEO Norman Reed. The company stated that this move is aimed at driving further growth of the platform in the U.S. market.

Gregory has a legal background and extensive experience in the digital asset compliance and regulatory space, having served as Chief Compliance Officer at Gemini and CEX.io. Binance.US indicated that his expertise in digital asset regulation and compliance will help the company's development in the U.S. market.

Gregory expressed his honor to lead the Binance.US team, ushering in a new phase of the exchange's development, and noted the strong influence of the Binance.US brand. This appointment comes about a year after Binance.US resumed its USD deposit and withdrawal services. In 2023, the exchange suspended USD deposits and withdrawals due to alleged securities law violations.