Gregory transitioned into his new role on March 9, replacing former CEO Norman Reed
Binance.US has appointed Stephen Gregory as its new CEO, marking a leadership shift as the exchange aims to strengthen its presence in the US. Gregory officially took over on March 9, with former CEO Norman Reed moving into an advisory role.
Gregory brings extensive experience in crypto compliance and executive leadership. He previously served as CEO of Currency.com and held senior compliance roles at CEX.IO and Gemini. His background positions him to guide Binance.US through regulatory challenges while expanding its offerings to US customers.
The company highlighted Gregory’s focus on building a secure and user-friendly platform. He emphasized the strength of the Binance.US brand and its connection to founder Changpeng Zhao, who has long advocated for positioning the United States as a global crypto hub.
Binance.US faced legal scrutiny in 2023 when the Securities and Exchange Commission sued the exchange over registration and compliance issues. That case was dismissed with prejudice in May, clearing a major obstacle for the platform and allowing it to move forward with broader operations.
Over the past year, Binance.US reinstated US dollar deposits and withdrawals after operating temporarily as a crypto-only exchange. The company also introduced new products, including expanded rewards programs, staking options, and customer referral initiatives.
Looking ahead, Gregory plans to focus on growing Binance.US’s crypto staking offerings and launching services in decentralized finance and tokenized assets. This strategy follows industry trends where exchanges increasingly offer yield-generating products beyond traditional trading.
The appointment signals Binance.US’s intention to strengthen regulatory compliance while diversifying its platform. Gregory’s mix of legal expertise and leadership experience is expected to help the exchange navigate US regulations and attract both retail and institutional users in a competitive market.
This move positions Binance.US to pursue growth while ensuring adherence to US regulatory standards, signaling a new chapter for the platform under experienced guidance.
