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Binance CEO Says US Re-entry Talks Are Too Early

  • Binance CEO Richard Teng believes it is too early to discuss the possibility of re-entering the U.S. market after leaving in 2023.
  • Binance is currently focused on global expansion and targeting institutions and high-net-worth individuals.
  • Binance's exit from the U.S. was due to a $4.3 billion settlement with the U.S. government over charges related to sanctions violations and money laundering.
  • Binance has adopted a more compliance-friendly stance under CEO Richard Teng and is under the oversight of independent monitors for compliance.

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