._RichardTeng, the rising star tipped to take the reins binance tells CoinDesk he wants to showcase “a new organization.”
, the firm's American arm – a move that's seen as something of an appeasement to U.S. regulators.
“To speculate on such things would be premature,” Teng, 52, told CoinDesk. “Let me just stress we have a very strong management team in place and many strong leaders looking after different parts of business. I’m just happy to be part of that and to try and support the company’s agenda and aspirations.”
Teng believes Binance is “open and candid about things in the past,” pointing out the firm is still very young. Binance, which will soon celebrate its sixth birthday, started as a technology firm, Teng said, at a point in time when most jurisdictions had no regulations or proper guidance. Today, it has some 750 compliance officers, more than any other exchange, he added.
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