Changpeng Zhao Steps Down From Binance.US: Can It Shed Global Counterpart’s Regulatory Baggage?

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Changpeng Zhao stepped down Tuesday from his role as the chairman of the board of directors of Binance.US, the American arm of the global cryptocurrency exchange Binance (CRYPTO: BNB). This move comes on the heels of a series of settlements and regulatory actions involving Binance. Binance Vs. Binance.US: Binance and Binance.US, while sharing a common name, are two distinct entities catering to different markets. Binance is a global cryptocurrency exchange that offers a vast array of cryptocurrencies and trading pairs, but it is not permitted to operate in the United States. On the other hand,…

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