Binance.US Bolsters Board with Regulatory Veteran

Key Appointment

Binance.US solidifies its board with a seasoned expert, as Martin Grant, former Federal Reserve Bank of New York official, joins its ranks. Bringing a wealth of compliance knowledge, Grant aims to steer the platform through America's evolving digital asset landscape.

Regulatory Challenges

Amidst scrutiny from the SEC, Binance.US stands resolute, drawing on the executive team's extensive regulatory experience. The exchange contends with allegations of operating without proper registrations, but CEO Norman Reed expresses confidence in their position.

Platform Resilience

Despite regulatory headwinds and a dip in trading volumes, Binance.US is witnessing a rebound in activity. With the broader market's recovery and strategic hires, COO Chris Blodgett reports promising improvements in the platform's performance.