Been stuck in a eth/btc long for a while. Finally hitting decent gains and i'm torn on what to do. Ethereum is dead they say...
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Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.
I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.
Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.
With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.
As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.
What’s next for me?
I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.
After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.
I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.
On that note, I am proud to point out that in our resolutions with the U.S. agencies they:
- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.
Funds are SAFU!
With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.
Onwards!
CZ
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MayB retweeted
Where are my tickets? Shouldn't accept someone in to the payment que if they are sold out? My payment is valid and took screenshots to prove. @glastonbury @Ofcom
Where are my tickets? Shouldn't accept someone in to the payment que if they are sold out? My payment is valid and took screenshots to prove. @glastonbury @Ofcom
MayB retweeted
Damn, some #altcoins just got smoked.
Volatility is so fucking back.
F
We’re restricting rebuildingsociety.com Ltd from approving #cryptoasset financial promotions. #crypto #FinancialPromotions #FinancialServices fca.org.uk/news/statements/f…
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I'm slowly coming to the idea that freezing food is a big problem for western people. It used to be fresh to the plate now we pay no thought to what we actually eat. Most veg/meat and products have been over farmed and then frozen just to kill anything nutritious. Reset
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