tech

January 20, 2026

Binance says 'wait and see' on reentering the U.S. Ripple's CEO thinks it's happening

Richard Teng, co-CEO of Binance, called the U.S. "a very important marketplace," but added it was taking a "wait-and-see" approach.

Binance says 'wait and see' on reentering the U.S. Ripple's CEO thinks it's happening

TL;DR

  • Binance is evaluating a potential return to the U.S. market with a "wait-and-see" approach.
  • Ripple CEO Brad Garlinghouse predicts Binance will reenter the U.S., seeing it as a significant market.
  • Binance exited the U.S. in 2023 as part of a $4.3 billion settlement and criminal charges.
  • The U.S. is advancing cryptocurrency regulations, including the stablecoin-focused Genius Act and the proposed Clarity Act.
  • Binance's co-CEO Richard Teng and Ripple CEO Brad Garlinghouse support the Clarity Act, while Coinbase CEO Brian Armstrong opposes it as written.
  • Garlinghouse believes Binance's return would positively impact the market by increasing competition and potentially lowering prices.

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