Binance under Teng: A New Vision for Regulatory Compliance
Binance’s newly appointed CEO, Richard Teng, proclaimed that the cryptocurrency exchange is evolving from a defiant tech startup to a conventional financial institution.
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Binance's newly appointed CEO, Richard Teng, proclaimed that the
cryptocurrency exchange is evolving from a defiant tech startup to a
conventional financial institution.
He asserts that the endeavors to rehabilitate Binance as a regulated venture will prove to be fruitful over time.
Furthermore, he has issued his inaugural message to the user base as CEO today.
“As
an industry, we require more focus than ever on collaborating with
policymakers. My commitment is to work tirelessly so that we can meet
and exceed the expectations of all stakeholders while achieving our core
mission: the freedom of money,” Teng stated.
Stay
tuned for more details on the interview with Binance's new boss, coming
up shortly. For more insights into Richard Teng, delve into our
detailed article.
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