In a recent interview with @Cointelegraph, @Richard Teng shared some important takeaways.

1️⃣ No IPO Plans: Richard confirmed that @Binance is financially robust and has no plans for an IPO.

2️⃣ Compliance Focus: We've increased our compliance spending by 36% from 2022 to 2023, aiming to enhance regulatory relationships and transparency.

3️⃣ Global Expansion: Binance is concentrating on markets outside the U.S., securing licenses and making settlements in countries like Dubai, India, Thailand, and Brazil. We are proud to have recently received our 19th license.

4️⃣ Long-Term Vision: Richard is committed to transforming Binance into a sustainable, board-led organization with a permanent headquarters, planning for the next 50 to 100 years.