He Yi: Binance’s biggest challenge was CZ’s resignation last year

Odaily Planet Daily Report: In his speech at the Binance Blockchain Week 2024, Binance co-founder stated that Binance's biggest challenge was CZ's resignation last year. The resignation of a company's founder is undoubtedly a huge challenge, but Binance has achieved great success through the support of its team, thanks to its mature management system. Startup teams often open up the market through the outstanding single-point performance of the founder, but a mature team with a good organizational culture can continue to grow even without the founder. The external challenge lies in regulation, as regulatory authorities have paid a lot of attention to the cryptocurrency industry. Different regulatory authorities have different understandings of the industry, so Binance is cooperating with various regulatory authorities. Regarding industry doubts about why Binance is cooperating so closely with regulatory authorities, said that Binance hopes to serve more users with the support of regulation, supporting billions of users to use cryptocurrencies. Binance wants to become like Google, to build the future Internet world, and make Web3 more accessible. (PANews)