Binance CEO: CZ has established a strong compliance DNA for Binance, and win-win cooperation is more meaningful than "being the biggest".
2 days ago
On November 4th, Richard Teng, the CEO of Binance, stated at Hong Kong Fintechweek 2025 that in the early days of the industry, Binance noticed the changing trend of regulation and made early and substantial investments. CZ is a visionary leader who laid a solid foundation for Binance with a strong compliance DNA and mission statement. He assembled a top-tier team. All the credit goes to him, and I am just continuing to move forward standing on the shoulders of giants. When I took over as CEO, I emphasized three core priorities:
First, continue to build the world's largest and best cryptocurrency ecosystem. Provide the safest, most transparent, and most powerful products and services to meet user needs.
Second, compliance is a core competitive advantage. The regulatory direction is very clear, and compliance must be transformed into a competitive advantage. Binance's compliance investment increased by more than 30% last year and is growing by more than 30% again this year. The compliance team has more than 1000 members, making Binance one of the most compliant global trading platforms. It is closely cooperating with global regulatory agencies to promote the development of smart regulation and truly support the growth of the industry.
Third, achieve win-win cooperation and build an ecosystem. Whether through partnerships with local banks, payment institutions, or project teams, in the early days of the industry, working together to grow the ecosystem is more meaningful than just aiming to be the largest. The stronger the ecosystem, the more everyone benefits.
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