Ripple CEO predicts Binance will reenter U.S. It says ‘wait and see’
Richard Teng, co-CEO of Binance, during the DC Blockchain Summit in Washington, March 26, 2025.
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Ripple’s CEO predicted Binance would reenter the U.S., as the cryptocurrency exchange’s co-CEO said it would adopt a “wait-and-see” approach.
Binance, the world’s largest crypto exchange, exited the U.S. in 2023 as part of a deal in which then-CEO Changpeng Zhao pleaded guilty to criminal charges over the failure to prevent money laundering on the exchange as part of a $4.3 billion settlement with the Department of Justice.
Zhao was pardoned by President Donald Trump in October. A Bloomberg report in December said the company was mulling reentering the U.S. market.
Former Binance CEO Changpeng Zhao, center,…
