Binance US: The Comeback That’s Not Coming Anytime Soon! 😅

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So, guess what? Binance US is not making a grand entrance back into the U.S. market anytime soon. Shocking, I know! Steven McWhirter, the global policy lead (a fancy title for someone who probably just Googles things), confirmed that it’s still too early to even think about it. Like, can we just take a moment to appreciate the suspense? 🎭

Last week, the Wall Street Journal decided to spice things up with a juicy rumor that our dear founder, Changpeng Zhao (CZ for those in the know), was planning to cozy up to the Trump family for a little stake in Binance US. And maybe throw in a prison pardon for good measure? But alas, CZ and Binance CEO Richard Teng have denied this little fairy tale. Spoiler alert: no one’s getting pardoned today! 🙄

Let’s rewind to 2013 when CZ was busy breaking banking laws and ended up paying a whopping $4.3 billion in penalties. Ouch! Since then, Binance US has been on a permanent vacation from the U.S., but whispers of a comeback under the oh-so-crypto-friendly Trump administration have been swirling like a bad rom-com plot. 🍿

Binance Executives Shower Trump with Praise (Because Why Not?)

In a recent interview, McWhirter couldn’t help but gush over how fast the U.S. crypto landscape is changing under Trump. I mean, who doesn’t love a good regulatory rollercoaster? 🎢 Under Trump, the SEC has decided to take a chill pill on major players like Coinbase and Ripple. It’s like a crypto party, and everyone’s invited!

And let’s not forget Trump’s executive order to create a “Strategic Bitcoin Reserve.” Sounds fancy, right? Congress is also trying to get its act together with some “regulatory clarity” for stablecoins. McWhirter, in his best motivational speaker voice, said:

“This is only mid-March, but the pace of acceleration and the movement is really impressive. It’s been incredibly busy. Since Trump came in, there has been a very positive change in direction, and that’s had a trickle down effect.”

But wait, there’s more! Binance, which is casually handling $20 billion in daily trading volume (no biggie), still hasn’t decided where to set up its official HQ. McWhirter said, “No, there’s nothing.” So, basically, they’re still playing hide and seek with their headquarters. Classic! 🙃

CZ Gets Flirty with Meme Coins

In other news, CZ has decided to dip his toes into the world of meme coins. Yes, you heard that right! He recently bought the Mubarak meme coin, and guess what? Binance announced its listing, leading to a delightful 50% price surge. Talk about a meme dream! 😂

After a successful fling with Solana last year, new meme coin launches are popping up on the BNB Chain like daisies in spring. As a result, Binance’s blockchain activity is on the rise. Who knew memes could be so profitable? 🤷‍♀️

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2025-03-20 18:26