Binance.US has appointed compliance and operations veteran Stephen Gregory as its new chief executive officer, replacing Norman Reed who moves to an advisory role. The leadership change occurs amid intensifying competition among U.S. cryptocurrency exchanges, which are expanding into products like tokenized stocks and prediction markets. Gregory, formerly U.S. CEO of Currency.com, stated the exchange plans to innovate and expand decentralized finance access, aligning with founder Changpeng Zhao’s vision of making the U.S. a crypto hub.
Binance.US has appointed Stephen Gregory as its new chief executive officer. The move comes as competition among cryptocurrency trading platforms in the United States intensifies.
The company confirmed Gregory succeeded Norman Reed on March 9. Reed will remain with Binance.US in an advisory capacity.
Gregory previously served as the U.S. CEO of the digital asset platform Currency.com. He oversaw the company’s acquisition by CXNEST in 2025.
His earlier career included compliance leadership roles at exchanges Gemini and CEX.io. The U.S. crypto exchange market is currently evolving beyond standard trading services.
Several platforms have recently launched products like tokenized stocks and prediction markets. Some have also partnered with major U.S. stock exchanges for trading blockchains of listed shares.
Gregory noted the Binance.US brand remains strong and is linked to founder Changpeng “CZ” Zhao’s vision. He stated that Zhao has been a strong proponent of the concept of making the United States a hub for cryptocurrency development.
Gregory said the exchange would seek to innovate and capture emerging industry trends. He also stated Binance.US aims to expand access to decentralized finance services.
The global Binance platform remains the largest cryptocurrency exchange by trading volume. CoinGecko data shows it recorded nearly $9 billion in volume over 24 hours, over five times the activity reported by Coinbase.
The company plans to expand products like its Earn suite under Gregory’s leadership. It also intends to develop more gateways for users to access decentralized finance and tokenized digital assets.
