Key Developments and Strategic Hires
Binance and its founder, Changpeng Zhao (CZ), have engaged crypto lawyer Teresa Goody Guillén and lobbyist Ches McDowell, allocating $740,000 towards U.S. regulatory support since February 2025. This substantial investment signals Binance's strategic initiative to re-enter the U.S. market, a move that could potentially reshape regulatory dynamics and industry competition, especially in light of CZ's controversial pardon.
Community skepticism persists around Binance due to past compliance breaches. Notably, prominent figures such as Arthur Hayes, Vitalik Buterin, and Raoul Pal have not issued public statements, reflecting a temporary, reserved stance within the industry.
Market Data and Expert Analysis
As of October 26, 2025, BNB is trading at $1,120.35, with a market capitalization of $155.93 billion, representing 4.14% of the total market share. Over the past 90 days, BNB's price has seen a surge of 31.86%. The current circulating supply is close to its maximum, with 139,179,782 coins in circulation.
The Coincu research team observes that Binance's legal alignment may bolster its credibility within the U.S. market, potentially facilitating clearance from CFTC hurdles. Historical trends suggest that exchanges adopting similar strategies have often experienced favorable outcomes. Alexander Blume, CEO of Two Blume, commented, "People don't have a lot of trust for Binance in the U.S., but it could still do quite well if it gets CFTC approval, creating a competitive edge for other exchanges."
Regulatory Context and Industry Comparisons
U.S. regulatory environments frequently prompt increased lobbying efforts from global cryptocurrency exchanges. Binance's current strategy can be compared to the past efforts of other major exchanges, such as Bitfinex and Ripple, during their respective legal challenges.
As of October 26, 2025, BNB is trading at $1,120.35, with a market capitalization of $155.93 billion, accounting for 4.14% of the market. BNB's price has increased by 31.86% over the last 90 days, and its circulating supply is nearing its maximum at 139,179,782 coins.
The Coincu research team notes that Binance's legal strategy could enhance its U.S. market standing, potentially aiding in overcoming CFTC obstacles. Past performance indicates that exchanges employing comparable tactics may see positive results. Alexander Blume, CEO of Two Blume, stated, "People don't have a lot of trust for Binance in the U.S., but it could still do quite well if it gets CFTC approval, creating a competitive edge for other exchanges."