ChainCatcher news, according to Cointelegraph, when recently asked whether Binance would look for ways to re-enter the U.S. market or whether it would re-launch its BUSD stablecoin, Binance CEO Richard Teng stated: "I think it's too early to discuss whether we will re-enter the U.S. market."

"As of now, we are focusing on our global deployment," implying that the exchange is looking to capture more market share and is paying attention to those he believes "will start allocating funds to this sector," including institutions, sovereign wealth funds, and high-net-worth individuals.

Binance exited the U.S. market in November 2023 as part of a $4.3 billion settlement agreement with the U.S. government.