- Binance.US has appointed Stephen Gregory as CEO, replacing Norman Reed as he moves into an advisory role.
- Binance is expanding its crypto staking product and plans to introduce new services focused on DeFi and tokenized assets.
Binance.US has announced a leadership update as the crypto trading platform looks to strengthen its management structure and the company focuses on expanding its presence and services for crypto investors in the United States.
According to the official Binance blog on March 11, the company announced the appointment of Stephen Gregory as Chief Executive Officer (CEO), effective March 9, 2026. While Gregory has a wide range of expertise in developing and growing regulated cryptocurrency infrastructure businesses.
Before this, he guided Currency.com as its U.S. CEO. Gregory, also being a lawyer, is famous for his knowledge of regulatory issues and digital asset compliance, having held compliance leadership positions at Gemini and CEX.IO.
As Gregory said, “I am honored to lead the Binance.US team as we write the next chapter for the best platform for U.S. crypto investors,” Gregory said. “The Binance.US brand is extremely powerful, with a founder, Changpeng Zhao (CZ), who has continuously advocated to make the US the crypto capital of the world.”
The appointment comes as Norman Reed steps down from his position as CEO and transitions into an advisory role with Binance.US.
Binance.US Expands Earn Services
Also, Binance.US stated that last year, it had added features, including Boost, staking, and a new referral scheme to its site. These features enable users to invite others to the platform, receive rewards, and stake crypto to produce returns.
With that, the company now intends to grow its Earn services, which are a staking product that lets customers profit passively from their crypto holdings. Also, it seeks to provide new avenues for users to use DeFi and other blockchain-based financial services.
Recent Legal Developments Around Binance
As the leadership update coincides with Binance’s recent legal updates, in late February, a U.S. court prohibited the exchange from requiring clients to settle crypto-related loss claims through private arbitration, allowing them to pursue cases in court. In a separate U.S. court ruling, it dismissed claims alleging that crypto transactions on the platform were linked to 64 terrorist attacks.
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