world’s largest cryptocurrency Richard Teng, the new CEO of Binance stock exchange after Changpeng Zhao, made statements about the future of the company on the X official account.
“I am honored and humbled to take office as the new CEO of Binance.
We operate the world’s largest cryptocurrency exchange by volume. The trust placed in us by our 150 million users and thousands of employees is a responsibility that I take seriously and value.
With the support of CZ and our leadership team, I accepted this role so that we can continue to meet and exceed our shareholders’ expectations while achieving our core mission of monetary freedom.
The foundation on which Binance stands today is stronger than ever.
To ensure a bright future, I aim to use everything I have learned over the last three decades of financial services and regulatory experience to guide our exceptional, innovative and committed team.
My focus will be
1) Assuring users that they can be confident in the financial strength, safety and security of the company
2) Collaborating with regulators globally to maintain high standards that encourage innovation while providing important consumer protections
3) Working with partners to drive growth and adoption of Web3
We are determined to stay here. Please support me. I’m excited for the days ahead!”
*This is not investment advice.