Binance holds off on US plans, waits for clarity despite ‘reset’

While Binance sees a “new reset” in the United States, she expects more clarity before making decisions on her next steps there, said the CEO of exchange.

Binance Takes its time with the American market, CEO Richard Teng saying that the company expects more clarity before making great movements, even if space has become more user -friendly under the president Donald Trump.

In a interview With Bloomberg, the director general of Binance, Richard Teng, said that he sees things differently from a regulatory angle, stressing the passage of the more bellicist position under the Biden administration. Meanwhile, American regulators brought prosecution against several cryptographic companies such as Coinbase and Binance itself.

“I think we have a new reset and restart,” said Teng in the interview. However, he added that Binance is still waiting for more clarity before deciding its next steps in the United States

He also mentioned that Binance envisages some different locations for its operations and that the board of directors plans to make a decision soon, although it is not clear if it includes the United States or other places. Back in December 2024, Teng said The exchange focused more on the “global deployment” than on the return to the American market.

Binance retired from the American market in November 2023 as part of An agreement of $ 4.3 billion With the American government for violations of money laundering and operating as a silver issuer without license.