Binance's new CEO Richard Teng: The government independent inspector aims to regulate anti-money laundering and does not involve user privacy data
ChainCatcher news, in Richard Teng's first Chinese AMA after becoming CEO of Binance, Richard Teng stated that user privacy is always protected, and government independent inspectors mainly focus on anti-money laundering, without involving user privacy data. However, regarding user data, Binance's stance is consistent for both the U.S. and governments around the world, stating that they will only cooperate in providing data when reasonable grounds are presented by local courts or law enforcement agencies.