How Binance’s CZ is planning to enter the US market
The post How Binance’s CZ is planning to enter the US market appeared on BitcoinEthereumNews.com.
Changpeng “CZ” Zhao is back on top, talking up President Donald Trump’s crypto stance and pointing directly at the US as the center of where this whole industry goes next. As you should know, CZ was pardoned by Trump in October, and even though he has no position at the exchange, his voice is loud enough that everyone can see he still plays a major role in shaping where the company goes. Binance is now studying how to reboot Binance.US, and the idea on the table includes a recapitalization that may cut CZ’s majority stake. Sources say his large stake is blocking access to key states, and talks around this plan are still shifting. He told the crowd at Binance Blockchain Week, “It is my full intention to help make America the capital of crypto,” calling the country “an emerging land for us.” He also watched from the front row as Yi He, his co-founder and partner, spoke on stage and said he had “retired,” even though he was clearly active at the event. Navigating restrictions and planning a US comeback The company knows that a real push inside the US means fighting through different state licensing rules or hoping that Congress finally creates a federal system. CZ signed a plea deal in 2023 for failing to maintain an effective anti-money laundering program at Binance, and that deal blocks him from any direct or indirect involvement in the company’s operations. The global exchange itself pleaded guilty to federal charges and agreed to pay billions in fines. Nobody has given a clear answer on how much Trump’s pardon affects the restrictions in that plea, but everyone sees the political shift happening in Washington. Since regulators charged CZ and the exchange two years ago, Binance.US has been sinking. CZ told the crowd…
Filed under: News - @ December 17, 2025 5:24 pm