It was discovered that Binance, the world’s largest cryptocurrency trade, is contemplating appointing Richard Teng to the vacant seat after CZ resigned as CEO.
Teng at present heads Binance’s regional markets outdoors the US and beforehand led the corporate’s operations in Europe and Asia. Sources near the talks advised Forbes that Teng is a number one candidate, however talks are ongoing and the scenario might change.
Binance can also be making ready to announce the members of a brand new board that may oversee the corporate’s administration and can faucet a U.S.-based third-party watchdog as a part of the deal, in accordance with individuals conversant in the matter.
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