Binance Co-Founder CZ Announces Departure, Hands Reins to Richard Teng
In a move that shocked the crypto community earlier today, Binance co-founder Changpeng Zhao, widely known as “CZ,” stepped down as the company’s CEO, effective immediately. The decision comes as Binance navigates an increasingly complex regulatory landscape and seeks to further enhance its commitment to transparency and compliance. CZ, who has been at the helm…