Binance has just appointed Yi He, co-founder and the mastermind behind the exchange's development strategy, to the position of co-CEO (Co-CEO) alongside current CEO Richard Teng.

The combination of Teng (management and legal experience) and Yi He (strategy and product) will help Binance stabilize after legal issues and the transition period following CZ's departure. The new leadership's goal is to build Binance into the safest and best-managed crypto exchange. Promoting Web3, aiming for 1 billion users.

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