Binance is reassessing its strategy in the United States. Co-founder Zhao Changpeng (who, despite reaching a plea agreement in 2023, remains the controlling shareholder) indicated that the company will refocus on the U.S. market. Binance has discussed a capital restructuring of its troubled U.S. subsidiary Binance.US, which may dilute Zhao Changpeng's shares, but the related negotiations are still in the preliminary stages. Meanwhile, Binance is working to navigate regulatory hurdles, seeking to establish closer ties with companies like BlackRock, and actively adapting to a more favorable political environment for cryptocurrency development.