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Binance CEO: CZ has laid a strong compliance foundation for Binance, and cooperation for mutual benefit is more meaningful than "being the biggest."

Nov 04, 2025 17:56:35

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Binance CEO Richard Teng stated at Hong Kong Fintech Week 2025 that Binance recognized the shift in regulatory trends early in the industry and made significant investments ahead of time. CZ is a visionary leader who has established a strong compliance gene and mission statement for Binance, assembling a top-notch team—credit for all of this goes to him; I am merely standing on the shoulders of giants to move forward. When I took over as CEO, I clarified three core priorities:

First, to continuously build the largest and best crypto ecosystem globally. Provide the safest, most transparent, and most powerful products and services to meet user needs.

Second, compliance is a core competitive advantage. The direction of regulation is very clear; compliance must be turned into a competitive advantage. Binance's compliance investment grew over 30% last year and has grown again by over 30% this year. The compliance team has over 1,000 people, making Binance one of the most compliant trading platforms in the world, working closely with global regulatory bodies to promote the development of smart regulation and truly support industry growth.

Third, cooperation for mutual benefit and building the ecosystem together, whether collaborating with local banks, payment institutions, or project parties. The industry is still in its early stages, and growing the ecosystem together is more meaningful than "being the largest." The stronger the ecosystem, the more everyone benefits.

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