1 year ago
Richard Teng, the caller CEO of Binance, has explained his imaginativeness for the company, outlining the challenges the speech faces up and the areas connected which the institution volition focus. In a blog post, Teng explained that innovation, users, and Web3 volition beryllium astatine the forefront of Binance successful the caller epoch of the company.
Richard Teng Outlines Binance’s Future
Richard Teng, the caller CEO of Binance, has published a blog station describing the challenges that the speech volition face, and the institution priorities moving forward, aft the $4.3 cardinal settlement with the U.S. Department of Justice (DOJ).
Teng, who has present to capable the void near by Changpeng Zhao (CZ), considered 1 of the astir influential men successful crypto, explained that helium intends to crook the leafage connected Binance’s humanities challenges, praising the efforts that the institution has made to “recruit, hire, and clasp the close unit to fortify Binance’s compliance programme and culture.”
The caller CEO acknowledged the request for cryptocurrency businesses and policymakers to interact to make a planetary regulatory model for crypto. He stated:
As an industry, we necessitate much absorption than ever connected collaborating with policymakers. Only past whitethorn we efficaciously lend to the improvement of a globally harmonized regulatory model that volition foster innovation portion providing captious user protections.
Innovation, Users, and Web3 Expansion
Teng mentioned 3 important elements that volition stay portion of Binance’s strategy. The archetypal 1 is innovation, with Teng explaining that the institution was capable to bring worth to its users since its beginnings done innovating. In this sense, Teng assured that Binance volition “remain committed to merchandise excellence arsenic we proceed to blaze the way of fiscal innovation.”
He referred to the speech users arsenic a captious portion of the company, reinforcing that the speech has a solvent economical position, maintaining a 1:1 backing of each the assets nether custody. Teng stressed:
You person my connection that I volition bash everything successful my powerfulness to guarantee that you stay the halfway of each that we do. You should consciousness assured successful the fiscal strength, security, and information of the company.
Also, Teng hopes to empower and foster innovation done the promotion of decentralized applications and the adoption of Web3; nonetheless, helium acknowledges that this “will beryllium intolerable without promoting regulatory innovation successful a collaborative way,” having helmed the Abu Dhabi Global Market and collaborated with the instauration of the UAE’s Web3 regulatory framework.
What bash you deliberation astir Richard Teng’s archetypal blog station arsenic Binance CEO? Tell america successful the comments conception below.
English (US) 