Richard Teng, CEO of Binance, the world’s largest cryptocurrency exchange, answered questions from the community.
Last month Binance founder Changpeng Zhao (CZ) took office after his resignation Richard Teng met with the community. on x 12 December At the question and answer event held on speaking Teng, US Securities and Exchange Commission (SEC) from the ongoing case with BRC-20 projects He touched upon many topics.
BRC-20 projects produced as Teng Inscription by big investors While emphasizing that it has the potential to be adopted, he warned the community about the developments that may occur here.
However, Binance $4.3 billion During the litigation process of the SEC, which imposed fines worth that he will act fairly Stating that he has not lost his confidence, the CEO said, that they want to work to comply with regulators he emphasized.
When asked whether Binance would go public, he stated that the current system was working efficiently and that there were no plans to go public.
In the continuation of his speech seed investments moves towards It will increase 10 times more prominent CEO, web3 And blockchain He stated that there are many successful projects waiting to be discovered in the field.