Binance CEO: "Too Early to Discuss Re-entering the U.S. Market… Focused on Global Deployment"
Suehyeon Lee
Summary
- Binance has stated that it is premature to discuss re-entering the U.S. market.
- CEO Richard Teng mentioned that they are more focused on global deployment.
- In the past, they withdrew from the U.S. market after paying a $4.3 billion fine for sanctions violations.
Richard Teng, CEO of Binance, expressed that it is too early to discuss the possibility of re-entering the U.S. market.
According to Cointelegraph on the 10th (local time), Richard Teng stated in an interview with Bloomberg TV the previous day, "I think it is premature to discuss Binance's re-entry into the U.S. market. We are currently focused on global deployment."
Previously, Binance withdrew from the U.S. market in November last year after paying a $4.3 billion fine to the U.S. government for allegations including sanctions violations, money laundering, and unauthorized money transfers.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
