After CZ, the Binance ship continues to run, but with a new captain

Richard Teng, who has been appointed as the new CEO to replace CZ

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Story:

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Start your career at the Singapore trading floor

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13 years of experience working at the Monetary Authority of Singapore and former CEO of Abu Dhabi Global Market

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Join Binance in August 2021

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Before becoming CEO, Richard held the position of global market director.

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Richard's goals after accepting the CEO position:

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Reassuring 150 million users, ensuring Binance's financial strength, safety and security

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Collaborate with regulators to maintain high standards globally, drive innovation and ensure user protections

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Collaborate with partners to drive Web3 adoption

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Previously, Binance had just launched Web3 Wallet with a presentation by Richard. CZ in his resignation tweet said he would focus heavily on Web3 and DeFi in the near future. Will BNB Chain maintain its position in the near future?

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After the news, stablecoins on the exchange showed no signs of mass withdrawal. Up to now, this can be considered a soft landing from CZ - Binance