“[W]e have alienated a generation of product innovators within our space. Our unreasonable approach to these applications has signaled that regulatory prejudice against new products and services can lead us to sidestep the law and unreasonably delay product launches. The industry has logged hundreds of meetings, has filed submissions, withdrawals and amendments, and ultimately had to resort to a costly legal battle to get us to today.”
Thank you @HesterPeirce 👑
https://t.co/o4ko6JOwFe
@intangiblecoins If you believe the “sell the news” narrative for BTC ETF and a Q2 ETH ETF, the premise is probably you can’t make the most of both run-ups as they may happen concurrently. I’ve got my feet in both puddles and will just watch it play rather than trying to get cute with trades.
Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.
I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.
Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.
With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.
As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.
What’s next for me?
I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.
After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.
I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.
On that note, I am proud to point out that in our resolutions with the U.S. agencies they:
- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.
Funds are SAFU!
With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.
Onwards!
CZ
This new @blink182 is one of the most inspiring and tear jerking pieces of music I have ever heard. It’s what we have all needed, and we knew it. And we got it. And we love it.
@Ernie30964217@verasitytech Regulation. Historically US buyers unable to participate due to $VRA likely being considered a security.
Expect similar justification as to why Binance and coinbase don’t list. Anything that is more likely a security typically doesn’t get listed by either exchange.
We've welcomed a new advertising demand partner, Hoopla Digital, to @Vera_Views, helping to connect #advertisers and #publishers on our ad stack!
VeraViews is now onboarding ad network partners as the number of publishers using our solution grows!⚡️
https://t.co/PkxDNGMLKj
8 years ago today, KLAY THOMPSON had one of the greatest quarters in NBA history without missing a single shot 🔥
37 PTS (NBA record)
13/13 FG (ties NBA record)
9/9 3PT (NBA record)
2/2 FT
1/1 ALLEY-OOP DUNK
Outscored the Kings 37-22
Final: 52 PTS, 11 3PT, 5 AST, 4 STL, 2 BLK