According to reports, former President Trump's pardon has not only cleared the path for Changpeng Zhao's return to leadership but may also accelerate Binance's plans to integrate its U.S. subsidiary, Binance US. Sources familiar with the matter reveal that Binance is evaluating multiple strategic options, including merging Binance US into its global operations or allowing its global exchange direct access to the U.S. market.
Data from Kaiko shows that Binance's global platform accounts for nearly 50% of worldwide Bitcoin trading volume, while Binance US holds less than 1% market share. In contrast, Coinbase Global, Inc. dominates the U.S. market with a position comparable to Binance's global influence.