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Crypto exchange Binance.US has appointed Stephen Gregory as chief executive officer as the company prepares to expand operations in the United States again.
Gregory officially stepped into the role on March 9, replacing former CEO Norman Reed, who will remain with the company in an advisory position.
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Gregory brings years of experience in crypto compliance and exchange operations. He previously served as CEO of Currency.com and held compliance leadership roles at CEX.IO and Gemini, two other major cryptocurrency trading platforms.
His appointment comes as Binance.US attempts to rebuild and expand its presence in the American crypto market following regulatory pressure and operational changes over the past two years.
Gregory expressed confidence in the company future and the strength of the Binance brand.
“I am honored to lead the Binance.US team as we write the next chapter for the best platform for U.S. crypto investors,” Gregory said.
He also pointed to the influence of Binance founder Changpeng Zhao (CZ).
“The Binance.US brand is extremely powerful, with a founder, Changpeng Zhao (CZ), who has continuously advocated to make the US the crypto capital of the world.”