Binance is considering a return to the US market, awaiting greater clarity. CEO Richard Teng evaluates current regulatory changes.
Sentiments in the US Market
Under President Donald Trump, the crypto market in the US has become friendlier. However, Binance CEO Richard Teng notes that the current situation requires caution and more detailed explanations before the company makes significant decisions.
Binance's Plans
In an interview with Bloomberg, Richard Teng stressed that the company is in no rush to make final decisions, awaiting clearer guidance. Binance is also considering other countries for its operations.
Company's Past Decisions
In November 2023, Binance exited the US market following a $4.3 billion deal with the US government to settle money laundering charges. At that time, global expansion was emphasized.
While the US market is more favorable for cryptocurrencies, Binance intends to wait for full clarity before making final decisions.
