Binance.US names compliance veteran as CEO as regulation, competition get tougher

The appointment of Stephen Gregory comes as U.S. crypto exchanges intensify competition and broaden offerings beyond digital assets. What to know : Binance.US named Stephen Gregory, a veteran compliance executive with prior leadership roles at Currency.com, Gemini and CEX.io, as CEO. Gregory succeeds Norman Reed, who will stay on as an adviser, as the company faces intensifying competition and heightened regulatory scrutiny. Under Gregory's leadership, Binance.US plans to expand products such as its Earn suite, staking services and DeFi and tokenized-asset gateways to attract both crypto-native and traditional investors.(Coindesk)