Latest developments: CEO Stephen Gregory said Binance.US is focused on growth after what he described as a two-year "hibernation" tied to regulatory issues surrounding the broader Binance brand.
What this means: Binance.US is trying to compete with exchanges such as Coinbase and Kraken by emphasizing lower trading costs and a broader product lineup.
Reading between the lines: Gregory said a more favorable U.S. regulatory environment could allow Binance.US to expand beyond spot trading.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
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