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Binance’s Richard Teng, the newly appointed CEO of the world’s largest cryptocurrency exchange, recently spoke about the future of Binance and the crypto industry. Teng highlighted Binance’s commitment to user needs, trust, and confidence, which has propelled it to the top of the global exchange list with 150 million users worldwide. He emphasized Binance’s focus on investing in infrastructure, human talent, and intellectual talent to foster innovation. Teng also mentioned that Binance is the most regulated exchange globally, holding 18 different regulatory approvals across continents. He praised the efforts of regulators in providing clarity and support for the industry’s innovative nature. Teng also shared insights into the personality and leadership style of Binance’s former CEO, Changpeng Zhao (CZ), describing him as an intellectual and passionate leader who is deeply committed to user needs and the company’s products and services. Looking ahead, Teng expressed optimism about the crypto market’s growth, citing the increasing involvement of major financial institutions and the evolving regulatory landscape as positive indicators for mass adoption and liquidity in the industry.