Richard Teng’s leadership is significant: Richard Teng, as Binance’s CEO since November 2023, has transformed the company into a compliance leader. His regulatory expertise is essential in overcoming past challenges, following a costly $4.3 billion settlement with U.S. Regulators.
Sustainable future for Binance: Teng aims to shift Binance towards a board-led governance model, emphasizing sustainability. His vision seeks to build a long-lasting enterprise in the cryptocurrency market, ensuring regulatory adherence and restoring trust.