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Dec 1, 2023
Richard Teng, Binance's new CEO, charts an ambitious course for the exchange, leveraging his extensive experience in financial services and regulation.
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Teng prioritizes users, ensuring financial strength, safety, and fostering a transparent culture, including measures like the SAFU emergency fund.
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Acknowledging past challenges, Teng emphasizes working with policymakers to contribute to a globally harmonized regulatory framework for innovation and consumer protection.
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With a commitment to blockchain's potential, Teng spearheads Binance's growth in the Web3 ecosystem, promoting financial inclusion through decentralized applications.
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Tackling questions about Binance's transparency, Teng pledges a shift to a conventional corporate structure with a board of directors, a physical address, and a commitment to financial transparency.
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Teng asserts that as Binance establishes corporate structures, financial transparency will be a cornerstone, meeting auditor and regulatory demands.
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Binance, under Teng's leadership, signifies a pivotal moment, embracing transparency, change, and a forward-thinking approach in the cryptocurrency landscape.
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Richard Teng's leadership heralds a transformative era for Binance, signaling a dedication to transparency and a user-centric, innovative future.
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