Binance.US, the US-based subsidiary of global cryptocurrency exchange Binance, is working to regain its footing in the US market after two years of regulatory challenges. The exchange has been impacted by issues including a $4.3 million fine from the Office of Foreign Assets Control (OFAC) and restrictions on certain services.
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Binance.US CEO Catherine Colton emphasized the company's commitment to rebuilding and regaining its former 20% market share in the US, which it had achieved before facing regulatory hurdles.