Binance Has Matured Since DOJ $4.3B Settlement: CEO Richard Te | • CRYPTO NEWS • #BTC • #ETH •
Binance Has Matured Since DOJ $4.3B Settlement: CEO Richard Teng
Teng said Binance is now looking at sustainability and more compliance; hence the company’s focus on building a robust compliance program. Richard Teng, CEO of the world’s largest cryptocurrency exchange, Binance, believes the trading giant is past the cultural issues after it settled criminal charges from the United States Department of Justice (DOJ) with a $4.3 billion fine. During an interview with CNBC, Teng said Binance had moved past the early stage of its development, where there were no clear rules, and it had to operate in a certain way to stay relevant.
