Binance.US Charts 2025 Comeback, CEO Norman Reed Reflects on Challenges and Plans for Growth

Quick Summary:

The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits.

US claims to have kept supporting 160 cryptos and staking for over 20 assets during that time, which Reed said far exceeds its closest rivals.

It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year.

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Article Details

Author / Journalist: Vince Dioquino

Category: Crypto

Markets: Estonia

Topics: Securities and Exchange Commission Binance.us Binance Regulation SEC Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 06:11:30 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 24547328

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #63

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