Post
Topic
Board Altcoin Discussion
Re: So we got new CEO of Binance
by
m2017
on 27/11/2023, 14:31:37 UTC
What a shocking event this morning when CZ resigned as CEO and replaced by Richard Teng as the new CEO. With the SEC plead guilty issue of CZ. Well this si unexpected news knowing CZ built the Binance so strong. Anyway with the new CEO possible new eras and new beggining for Binance.

Check the Binance announcement for complete story.

https://www.binance.com/en/blog/leadership/binance-announcement-reaching-resolution-with-us-regulators-2904832835382364558
The face of the company has changed, this crypto platform as a corporation (for this exchange can already be called that due to their scale and influence) will continue to function. I am sure that this personnel change will not affect ordinary users of Binance. Moreover, we should not forget that CZ retains a controlling stake in this crypto exchange, which actually means the irremovability of the previous owner of the company. One should not be discouraged, I think that this was done deliberately and this is a strategically planned move. The final beneficiaries remain the same and only the cover of this company will be different. I am also sure that this will not affect the Binance’s subsequent “policy” and progress. The course of this exchange was set by CZ in advance, probably many years ago (any serious business plans strategic development for many years to come).