{"id":232382,"date":"2021-04-21T20:15:00","date_gmt":"2021-04-21T17:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/binance-has-appointed-new-head-of-greater-china\/"},"modified":"2021-04-21T20:15:00","modified_gmt":"2021-04-21T17:15:00","slug":"binance-has-appointed-new-head-of-greater-china","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/binance-has-appointed-new-head-of-greater-china\/","title":{"rendered":"# Binance has appointed new head of \u2018Greater China\u2019"},"content":{"rendered":"

“# Binance has app<\/a>ointed new head of \u2018Greater China\u2019 <\/strong>”
\n<\/p>\n

Following the high-profile appointment of Brian Brooks to CEO of Binance.US, it has come to light that the Malta-based parent company has reshuffled its executive leadership by appointing Terence Zeng as head of Greater China.<\/p>\n

Zeng reportedly graduated from John Hopkins University and possesses a law degree from the University of Hong Kong, though his online presence is limited. He has been heading Binance\u2019s Greater China division since at least early April, according to an interview with Chain News<\/a>, a China-based technology<\/a> publication.<\/p>\n

In the interview, dated April 7, Zeng introduces himself as the head of Binance Greater China. <\/p>\n

\u201cI am currently the head of Binance Greater China,\u201d he said<\/a>, according to a translated version of the interview. \u201cBefore joining Binance, I was doing finance, mainly engaged in the field of institutional investment and financing, that is, helping clients such as listed companies, fund investment, and financing.”<\/p>\n

Zeng also worked for large investment banks in the United States and Hong Kong before shifting focus to \u201calternative financial products,\u201d which may have led him to cryptocurrencies and Binance. In the interview, he acknowledged that his first exposure to digital assets was as far back as 2013. <\/p>\n

Binance is the world\u2019s largest cryptocurrency exchange by volume, but its relationship with China is complicated due to a ban on digital-asset trading in the country. Beijing may be clearing some regulatory hurdles to reenable cryptocurrency trading in the country, though progress appears to be slow. <\/p>\n

As Cointelegraph recently reported, People\u2019s Bank of China Deputy Governor Li Bo acknowledged Bitcoin (BTC) and stablecoins as a legitimate alternative investment option. He also didn\u2019t rule out the possibility of stablecoins becoming a \u201cwidely used payment tool.\u201d <\/p>\n