Zhao Changpeng, Binance’s CEO, has raised the prospect of being succeeded by a global executive with a strong regulatory background to help Binance pivot towards becoming a regulated financial institution. Photo: Reuters
Zhao Changpeng, Binance’s CEO, has raised the prospect of being succeeded by a global executive with a strong regulatory background to help Binance pivot towards becoming a regulated financial institution. Photo: Reuters
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Cryptocurrency exchange Binance wants to ‘be a financial institution’, seeks licences to undo regulatory red flags

  • ‘In the last four years, we were a start-up. Now, we want to be a financial institution,’ CEO says
  • Exchange subject to regulatory warnings, investigations and bans in jurisdictions ranging from the US and the UK to Hong Kong

Zhao Changpeng, Binance’s CEO, has raised the prospect of being succeeded by a global executive with a strong regulatory background to help Binance pivot towards becoming a regulated financial institution. Photo: Reuters
Zhao Changpeng, Binance’s CEO, has raised the prospect of being succeeded by a global executive with a strong regulatory background to help Binance pivot towards becoming a regulated financial institution. Photo: Reuters
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