The post Binance Appoints Teng as CEO of the Largest Crypto Exchange appeared first on Coinpedia Fintech News
Richard Teng has been appointed to manage Binance’s marketplace operations in the U.S. region. This new role comes after a report revealed that Changpeng Zhao (CZ) intends to reduce his ownership stake in Binance. The American branch of the company is likely to show goodwill towards U.S. authorities. Teng’s experience as a regulator will be valuable in his new position, where he will supervise countries in Asia, Europe, the Middle East, and North Africa for the exchange.
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