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On April 11th, according to Bitcoin.com, Binance CEO Richard Teng outlined the company's future plans in an interview with CNBC. Previously, Binance had reached a settlement with U.S. authorities, including the Department of Justice (DOJ). Addressing concerns about the company's past practices, Teng stated that the charges against Binance involved activities in the "very early stages" of its development when the "rules were just emerging" and "not yet clear." He emphasized, "But as the company matures, we have moved beyond that stage... We are focused on sustainability; the direction is clear, which is to achieve more compliance, and that is why we are building a very robust compliance plan."
Recently, Binance established its first board of directors, which has raised concerns due to the majority being internal staff, with only a few non-executive directors. Teng defended this decision, emphasizing the need for the board to have a deep understanding of Binance's unique business model. "It's a good combination of internal and external perspectives on how to move the company forward."
Furthermore, Binance has yet to make a decision on the location of its official global headquarters. Teng confirmed that Binance is considering several options, but he noted that choosing the right location is a "very cautious process." He pointed out that selecting the appropriate location "is not easy," emphasizing that the company needs to find a jurisdiction with a regulatory framework that can accommodate the breadth and depth of its products, serve its users, and "whether we can establish more headquarters personnel there." Paris had previously been mentioned as a possible location for the global headquarters. |
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Post time 18-4-2024 20:44:10