Is BNB controlled by Binance?

Could you please clarify whether the Binance Coin, or BNB, is under the direct control of the Binance exchange? I'm curious to understand the extent of Binance's influence and ownership over BNB, as well as any potential implications this may have on the value and stability of the cryptocurrency. Additionally, are there any mechanisms in place to ensure that BNB remains decentralized and independent from Binance's operations? Thank you for your insights.