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changpeng ceo binance richard teng global pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

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.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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