Richard

when

<ul>
 <li>Their appointments took effect on March 7, as stated on the ADGM website.</li>
 <li>The Binance CEO mentioned naming the company’s headquarters and board of directors.</li>
</ul>
<a href="https://thenewscrypto.com/binances-new-ceo-richard-teng-addresses-future-plans-in-recent-ama/" target="_blank" rel="noopener noreferrer nofollow">Richard Teng</a>, the exchange’s new chief executive officer after Changpeng Zhao’s resignation, is one of seven members of Binance’s board, according to a Bloomberg article.
Binance executives Lilai Wang, Jinkai He, and Heina Chen all have equal board representation. Gabriel Abed, a former ambassador of Barbados to the UAE, Arnaud Ventura, a managing partner at Gojo &amp; Co., an investment business, and Xin Wang, the current CEO of Bayview Acquisition Corp., make up the other three external members.
<h3 class="wp-block-heading" id="h-building-robust-corporate-structure">Building Robust Corporate Structure</h3>
Binance Holdings Ltd, a leading cryptocurrency exchange, has appointed its first board of directors after overcoming regulatory hurdles and settling a $4.3 billion lawsuit with the U.S DOJ.
After dealing with regulatory challenges, notably in the U.S, last year, Binance is attempting to reorganize in order to maintain its status as the biggest cryptocurrency exchange in the world. At the time, CEO Changpeng Zhao (<a href="https://thenewscrypto.com/former-binance-ceo-cz-teases-launch-of-education-project/" target="_blank" rel="noopener noreferrer nofollow">CZ</a>) pled guilty to many criminal offenses, including AML and sanctions breaches, involving the exchange.
Their appointments took effect on March 7, as stated on the Abu Dhabi Global Market (<a href="https://www.adgm.com/" rel="noopener noreferrer nofollow">AD</a><a href="https://www.adgm.com/" target="_blank" rel="noopener noreferrer nofollow">G</a><a href="https://www.adgm.com/" rel="noopener noreferrer nofollow">M</a>) website. Since Teng took over as CEO of the exchange, these are among the most noticeable changes. Most of his ambitions for Binance revolve upon the exchange’s users, which he praised when he assumed office in November 2023.
The CEO of <a href="http://binance.com" target="_blank" rel="noopener noreferrer nofollow">Binance</a> mentioned naming the company’s headquarters and board of directors as part of his grand ambitions to create a more robust corporate structure.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/vitalik-buterin-reveals-next-stages-of-ethereums-purge-initiative/" target="_blank" rel="noopener noreferrer nofollow">Vitalik Buterin Reveals Next Stages of Ethereum’s Purge Initiative</a>

Binance Reveals Board of Directors Under New Leadership of Richard Teng

Table of Contents

TheNewsCrypto

Other articles published on Apr 2, 2024

STEPN’s GMT drops 10% amid reports of alleged token sale by Binance Labs

a16z Commits $30 Million to Fuel Gaming-Tech Innovation Through its SPEEDRUN Accelerator Program

Binance announces inaugural board of directors amid legal troubles

Crypto Market Plunges as Bitcoin and Altcoins Suffer Major Losses

CORE DAO Price : What Will Be My Portfolio If CORE DAO Price Hits 10?

Dogecoin’s Market Challenges and Price Movements

Join our free newsletter for daily crypto updates!