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Binance’s new CEO Richard Teng releases an open letter

Cointime Official

It is an honour and with the deepest humility that I step into the role of Binance’s new CEO.

We operate the world's largest cryptocurrency exchange by volume. The trust placed on us by our 150m users and thousands of employees is a responsibility that I take seriously and hold dear.

With CZ, and our leadership team’s support, I have accepted this role so that we can continue to meet and exceed the expectations of stakeholders while achieving our core mission, the freedom of money.

The foundation on which Binance stands today is stronger than ever.

To ensure a bright future, I intend to use everything I’ve learned over the past three decades of financial services and regulatory experience to guide our remarkable, innovative, and committed team.

My focus will be on:

1) reassuring users that they can remain confident in the financial strength, security and safety of the company

2) collaborating with regulators to uphold high standards globally that foster innovation while providing important consumer protections

3) working with partners to drive growth and adoption of Web3

We are here to stay. Please lend me your support. Excited for the days ahead!

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