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Stephen Gregory stories

Jul 14, 2026

Binance.US CEO announces rebuilding strategy targeting 20% U.S. market share after regulatory setbacks

CEO Stephen Gregory outlined plans to recapture 20% of the U.S. crypto exchange market through 0% maker fees, 0.02% taker fees, and expansion into derivatives and prediction markets, following a two-year regulatory disruption that included an SEC civil lawsuit and loss of banking relationships.

Jul 14, 2026·1 source
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Top claims

  • ▪The Securities and Exchange Commission discontinued its civil action against Binance, Binance.US, and founder Changpeng Zhao in May 2025.
  • ▪Binance's Proof of Reserves reports are self-reported figures that are not accompanied by an independent third-party audit.
  • ▪Binance's monthly Proof of Reserves reports utilize a Merkle tree construction combined with zk-SNARKs to allow users to verify their individual balances.

Topics

Crypto exchangesCrypto enforcement actionsCrypto exchange regulationCrypto market structureCrypto regulation

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