Richard Teng, newly appointed CEO of Binance, addressed the crypto community, highlighting the upcoming eighth anniversary of the company and its market achievements.
Binance's Key Source of Strength
Richard Teng emphasized that the vast user base of 280 million is the key reason for Binance's success since its founding in 2017. He thanked users for their support over the years: 'Grateful for your continued support.'
CZ's Remarks on the Role of AI
Former CEO CZ commented on the use of artificial intelligence (AI) to simplify legal systems. He noted that laws in most countries tend to be complex and contradictory, making them hard to understand for ordinary people. CZ believes AI could help simplify laws, allowing lawyers to focus on more productive tasks.
Public Reaction to CZ's Comments
One response to CZ's comments was in Chinese, where a commentator accused him of incompetence in legal matters. CZ replied, noting that he has a 'thick skin' against criticism and is not afraid to voice his opinion.
Binance continues to solidify its position in the cryptocurrency market, supported by its users and the proactive stance of its leadership. The eight-year mark since its establishment underscores the importance of a customer-centric approach in a constantly evolving market.
