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New Binance CEO Richard Teng unpacks $4.3B settlement, compliance and future growth
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This episode of Decentralize with Cointelegraph features a full one-on-one interview with the new CEO of Binance, Richard Teng. He takes over from Changpeng “CZ” Zhao, who was forced to step down from his position as part of a $4.3-billion settlement with United States authorities over regulatory failings by Binance in the past. Teng delves into the company’s history, how its explosive growth led to compliance shortcomings that would later land the company in trouble, its focus on regulatory compliance, and future prospects in key markets.
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