Binance's new CEO Richard Teng: Changpeng Zhao will not participate in the organization's daily management and is focused on researching the combination of blockchain and AI

ChainCatcher news, Binance's new CEO Richard Teng stated in an interview with Italian media that since he took over the leadership role in November 2023, Binance has welcomed a return of positive net capital inflow. Regarding the role that Zhao Changpeng will play in the future, Richard Teng mentioned that he will not be involved in the organization's daily management or structure and intends to take a break.

It is reported that in terms of technological innovation, Richard Teng is focused on researching the combination of blockchain and AI. He holds an optimistic view on the future of Bitcoin and the entire cryptocurrency industry, emphasizing that the industry will continue to evolve, including increased credibility, growing user trust, new institutions joining, and the launch of new products. At the same time, he supports Bitcoin ETFs and believes that more products will attract more users, making the industry more popular.