Binance.US and its founder Changpeng Zhao are reportedly considering reducing his stake in the company in response to increased regulatory scrutiny from US federal authorities. Currently, Zhao is the majority stakeholder in Binance.US, but executives are concerned that his involvement in a lawsuit brought by the US Commodities and Futures Trading Commission (CFTC) could prevent the company from acquiring certain regulatory licenses. Binance has responded to the CFTC's allegations by stating that it has implemented a robust compliance program, but the regulator is seeking a permanent ban on trading and registration for the exchange.
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