<p>The post <a href="https://coinpedia.org/news/binance-ceo-changpeng-zhao-cz-steps-down-from-binance-us-board/">Binance CEO Changpeng Zhao, CZ, Steps Down from Binance US Board as Chairman</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Binance is talk of the town since CZ step down as CEO and their 4 billion settlement and now Binance US shared on X (twitter) that CZ has <a href="https://twitter.com/BinanceUS/status/1729530641526435859">decided</a> to step down from his role as Chairman of the Binance.US Board of Directors and transfer his voting rights through a proxy arrangement. This effectively severs his involvement in Binance.US’s governance, leaving him with an exclusively economic interest in the company.</p> 
<h2 class="wp-block-heading" id="h-gratitude-to-cz"><strong>Gratitude to </strong>CZ</h2> 
<p>Binance.US extends its appreciation to CZ for his invaluable guidance and counsel over the years. With his support, Binance.US has established itself as a leading destination for US crypto traders seeking a superior experience.</p> 
<blockquote class="wp-block-quote"> 
 <p id="block-7af6b037-c2d0-4475-9566-0eb8332c8ce1">“We are exceptionally grateful to CZ for his guidance and counsel over the years. With his support, we have established Binance US as a destination of choice of U.S. customers seeking a superior crypto trading experience.”</p> <cite>Binance US</cite>
</blockquote> 
<h2 class="wp-block-heading" id="h-binance-us-aims-to-forward-with-renewed-clarity"><strong>Binance. US Aims to Forward with Renewed Clarity</strong></h2> 
<p>Moving forward, Binance.US will continue to be led by Norman Reed and its experienced management team. The company is well-capitalized to continue building and growing its platform while maintaining its customer-first commitment. The team at Binance.US remains as energized as ever about the opportunity for the business and its mission to modernize and democratize the financial system.&nbsp;</p>

Binance CEO Changpeng Zhao, CZ, Steps Down from Binance US Board as Chairman

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