Binance CEO Richard Teng recently said it was “premature” to discuss the exchange’s return in the US.
Binance.US, the United States-based arm of the global Binance cryptocurrency exchange, plans to resume US dollar services early next year, according to interim CEO Norman Reed.
Binance.US is now “closer than ever” to restoring USD services and targets achieving this milestone in early 2025, Reed said in a blog post on Dec. 18.
“Alongside the return of USD, we are committed to cementing our reputation as the best crypto platform for low fees and high rewards,” he added.