Richard Teng, the CEO of Binance, mentioned that the company’s approach involves a balance of internal and external inputs aimed at propelling it forward as corporate stewards. He emphasized that the current board composition is dedicated to implementing relevant technological and product improvements in order to advance towards a stable and sustainable business. Furthermore, Teng highlighted the importance of having a board of directors, a well-established headquarters, and financial transparency to achieve this goal. This statement was made by Teng in November.
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