Foresight News reported by Reuters that Binance CEO Richard Teng stated that Binance has not yet decided where to establish its global headquarters. A few years ago, the exchange indicated that a decision was imminent, but the executive pointed out the improvements in corporate governance that have been made. He emphasized that tax laws and attracting talent are key factors in making the decision. He stated that Binance is still engaged in in-depth discussions with several jurisdictions but did not provide specific names.