Sun, November 17

Binance’s New CEO Richard Teng Prioritizes Web3 Commitment

Binance Delays USDC Contracts Launch for XRP and SOL Exchange News
  • Teng highlighted Binance’s cooperation with Alpine Team Principal, Bruno Famin.
  • The CEO defines Binance’s dedication to users and cooperation inside the symbolic action.

Richard Teng, Binance’s newly selected CEO, has recently provided briefings in which he discusses the exchange’s strategic actions and his own activities. His most recent post on twitter, however, provides insight into the exchange’s goals in the dynamic Web3.

Notably, Teng defines Binance’s dedication to users and cooperation inside the symbolic action of a distinctive hand sign, blending crypto charm with high-profile relationships.

Moreover, Teng highlighted Binance’s cooperation with Alpine Team Principal, Bruno Famin, in a recent post on November 25 highlighting Binance’s participation in the F1 Abu Dhabi event. Teng’s hand sign, which means “Win,” “Victory,” and “Love,” reveals itself beyond the glamour of racing as a symbolic vow related to Binance’s threefold dedication.

Win, Victory and Love

Meanwhile, Teng’s allusion to a hand sign indicating “Win,” “Victory,” and “Love” indicated both a personal feeling and a symbolic depiction of Binance’s dedication. Also, as Teng pointed out, these three things are very crucial in the world of cryptocurrencies.

The term “Win” exemplifies this user-centric philosophy by stressing the significance of users’ happiness and success with the service. “Victory” connects with Binance’s dedication to cooperating with authorities to sustain industry standards, providing a compliant and regulated ecosystem. Last but not least, “Love” represents working together with others, according to the Web3 values, and building a feeling of community in the crypto space.

By incorporating Web3 into Binance’s mission, Teng has made a smart move in the cryptocurrency market. The industry as a whole is moving in the direction of decentralized interoperability and blockchain technology, thus the decision to adopt Web3 makes sense. Binance, led by Teng, strives to be in the front of this revolutionary tide.

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A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.