Story perspectives

Binance's Potential Comeback: Innovation Sparks U.S. Market Hope

1/21/2026

Summary

Story summary

Binance exited the United States market in 2023 after a $4.3 billion settlement with the Department of Justice.
Co-CEO Richard Teng (Binance) said at Davos Binance is taking a 'wait-and-see' approach to a return and considers the United States a very important marketplace.
Ripple CEO Brad Garlinghouse predicted Binance's comeback, citing its innovation and noting it would boost competition and lower prices amid regulatory shifts and Changpeng Zhao's presidential pardon.

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Story summary

Binance exited the United States market in 2023 after a $4.3 billion settlement with the Department of Justice.
Co-CEO Richard Teng (Binance) said at Davos Binance is taking a 'wait-and-see' approach to a return and considers the United States a very important marketplace.
Ripple CEO Brad Garlinghouse predicted Binance's comeback, citing its innovation and noting it would boost competition and lower prices amid regulatory shifts and Changpeng Zhao's presidential pardon.