Binance is taking a step back from re-entering the U.S. Market, urging patience for clearer regulations. After settling a massive $4.3 billion anti-money laundering case, they halted operations in the U.S.

Richard Teng, as the new CEO, is focused on restoring stability and enhancing regulatory compliance. Binance is exploring global headquarters options instead of rushing back into the U.S., aiming for a strategic and cautious approach.