{"id":309359,"date":"2021-07-27T18:42:38","date_gmt":"2021-07-27T15:42:38","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/binance-will-work-with-regulators-as-it-expands-says-ceo\/"},"modified":"2021-07-27T18:42:38","modified_gmt":"2021-07-27T15:42:38","slug":"binance-will-work-with-regulators-as-it-expands-says-ceo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/binance-will-work-with-regulators-as-it-expands-says-ceo\/","title":{"rendered":"# Binance will ‘work with regulators’ as it expands, says CEO"},"content":{"rendered":"

“# Binance will ‘work with regulators’ as it expands, says CEO <\/strong>”
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Changpeng Zhao, the chief executive officer of Binance, has said he wants the major cryptocurrency exchange to work with local regulators as it establishes regional headquarters.<\/p>\n

According to a Tuesday report from Reuters, Zhao, also known as CZ, hinted<\/a> Binance would depart from its decentralized app<\/a>roach to finance and coordinate with regulators as the company expands. <\/p>\n

\u201cWe want to be licensed everywhere,\u201d said CZ.<\/p>\n

Zhao also reiterated that he would be willing to step down as CEO should someone \u201cwith a strong regulatory background\u201d be available. Last week at a SCB 10X virtual summit, CZ said<\/a> he considered himself more of a tech entrepreneur, while an individual well versed in regulations might be suited to lead the crypto exchange:<\/p>\n

\u201cI\u2019m actually looking for a senior person with a strong compliance background, with a strong regulatory background to lead the entire organization,” said CZ, adding:<\/p>\n

\u201cI\u2019ve led the company for four years and it\u2019s good, and we\u2019ve got to go through this pivot […] I don\u2019t think I\u2019m the best person to lead that effort. I think having somebody with a very strong regulatory background is actually better.\u201d<\/p><\/blockquote>\n

This story is developing and will be updated.<\/em><\/p>\n