Binance considers reshuffling to strengthen US presence, potentially reducing CZ’s majority stake. Rumors of Binance’s return to the US sparked after Trump’s pardon of Zhao in October. Binance.US, separate from Binance Holdings Ltd., provides regulatory-compliant services in the US. US ranked as the number two market for global crypto adoption.

US lawmakers, including Warren and Waters, oppose CZ’s pardon, criticizing it as pay-to-play and corruption. Democratic Party members express resistance to crypto industry expansion in the US. Potential opposition to Binance returning to the US hinted by critical comments from lawmakers.

Read more at Cointelegraph: Binance Considers Multiple Avenues Back to the United States