Binance CEO On Anniversary: 7 Years In, Lots Of Work Ahead

For Binance, the biggest cryptocurrency exchange in the world based on trade volume, it’s been an incredible journey. The platform has faced numerous regulatory storms over the last seven years, but it has persevered and come out stronger than before. Related Reading: Biden’s Crypto SAB 121 Veto Remains Intact As House Override Effort Fails Binance’s […]

Jul 14, 2024 - 01:00
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Binance CEO On Anniversary: 7 Years In, Lots Of Work Ahead

For Binance, the biggest cryptocurrency exchange in the world based on trade volume, it’s been an incredible journey. The platform has faced numerous regulatory storms over the last seven years, but it has persevered and come out stronger than before.

Binance’s 7th Anniversary Milestone

Despite the severe criticism and fines the exchange has suffered from many legal bodies, this week marks Binance’s 7th anniversary, an amazing feat. From license suspensions to the resignation of Changpeng Zhao, Binance has handled a challenging environment; yet, its new CEO, Richard Teng, sees the best still to come.

Teng highlighted the exchange’s heightened emphasis on regulatory compliance in his views on Binance’s path. “We’ve placed an even greater emphasis on working hand-in-hand with global authorities to combat illicit activity and uphold the integrity of the crypto industry,” he said.

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