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
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
SFC

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

Topic |   SFC
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
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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