The new head of Binance exchange, Richard Teng, expressed his willingness to work productively with global policymakers to establish a unified global regulatory framework for cryptoassets. In a statement, he emphasized that over the past two years, the company has been actively working to improve compliance and has made significant efforts to attract qualified personnel in order to strengthen its compliance program and culture.
Teng expressed that crypto market participants should engage more actively with authorities to create a harmonized regulatory framework that promotes innovation and protects investors' interests. He emphasized that this initiative can both promote the industry and provide security for market participants.
Teng paid special attention to the platform's users, assuring them that they remain Binance's top priority. The head of the company promised to take all necessary steps to ensure user satisfaction and emphasized that users' assets on the exchange are fully secured.
Teng also emphasized his willingness to engage in a constructive dialogue with global policymakers in an effort to guarantee crypto investors' confidence in the future of the industry and attract new users. The move is intended to ensure Binance's sustainable growth and strengthen its position as a leading player in the world of cryptocurrency exchanges.
