🔗 Crypto & Blockchain

Binance.US Pins Hopes on Prediction Markets for Rocky US Return

Binance.US isn't just trading coins anymore. They're chasing prediction markets to claw back from near-zero US market share.

Binance.US CEO Stephen Gregory at podium discussing prediction markets strategy

⚡ Key Takeaways

  • Binance.US shifts from spot trading to prediction markets under new CEO Stephen Gregory for US revival. 𝕏
  • Post-$4.3B fine and CZ plea, emphasis on independent compliance to regain market share. 𝕏
  • Industry trend: exchanges diversify revenue amid vanishing trading fees, eyeing event-based wagers. 𝕏
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Originally reported by PYMNTS

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