Who is Binance's new CEO Richard Teng?

Richard Teng, the previously Global Head of Regional Markets at Binance, has been appointed as the new CEO. Zhao reassured stakeholders that with Teng's more than thirty years of experience in financial services and regulation, Binance's future remains secure.

Is it time to hand over Binance's reins to Richard Teng?

Having led Binance through rapid growth over the last six and a half years, Zhao expressed confidence that the time was ripe for him to hand over the reins. Richard Teng, the previously Global Head of Regional Markets at Binance, has been appointed as the new CEO.

Why did Changpeng Zhao resign from Binance?

Richard Teng replaced Changpeng Zhao as CEO of Binance last month, after Binance entered guilty pleas to charges related to money laundering and international sanctions violations. Zhao resigned after pleading guilty to a charge relating to failure to protect against money laundering. Zhao long insisted that Binance had no global headquarters.