The CEO stated that Binance will “cooperate with regulators” as it expands

Binance CEO Changpeng Zhao stated that he hopes the major cryptocurrency exchange will cooperate with local regulators when establishing its regional headquarters.

According to a Reuters report on Tuesday, Zhao, also known as CZ, hint As the company expands, Binance will move away from its decentralized financing method and coordinate with regulators.

“We want to get permission everywhere,” CZ said.

Zhao also reiterated that if someone with a “strong regulatory background” is available, he is willing to resign as CEO. At the SCB 10X Virtual Summit last week, CZ Say He considers himself more like a tech entrepreneur, and individuals who are proficient in regulation may be suitable to lead cryptocurrency exchanges:

“I am actually looking for a senior person with a strong compliance background and a strong regulatory background to lead the entire organization,” CZ said, adding:

“I have been leading the company for four years, which is good, we have to go through this transformation […] I don’t think I am the best person to lead this work. I think people with a very strong regulatory background are actually better. “

This story is under development and will be updated.