news-image
Headlines

Binance CEO Changpeng Zhao, CZ, Steps Down from Binance US Board as Chairman

  • Binance.US operates independently of Binance.com and is not involved in settlements or enforcement matters with regulatory bodies.

  • CZ has stepped down from his role as Chairman of the Board of Directors and transferred his voting rights through a proxy arrangement.

  • Binance.US remains committed to serving U.S. customers with superior crypto trading experience under the leadership of Norman Reed and its experienced management team.

Binance is talk of the town since CZ step down as CEO and their 4 billion settlement and now Binance US shared on X (twitter) that CZ has decided to step down from his role as Chairman of the Binance.US Board of Directors and transfer his voting rights through a proxy arrangement. This effectively severs his involvement in Binance.US’s governance, leaving him with an exclusively economic interest in the company.

Gratitude to CZ

Binance.US extends its appreciation to CZ for his invaluable guidance and counsel over the years. With his support, Binance.US has established itself as a leading destination for US crypto traders seeking a superior experience.

“We are exceptionally grateful to CZ for his guidance and counsel over the years. With his support, we have established Binance US as a destination of choice of U.S. customers seeking a superior crypto trading experience.”

Binance US

Binance. US Aims to Forward with Renewed Clarity

Moving forward, Binance.US will continue to be led by Norman Reed and its experienced management team. The company is well-capitalized to continue building and growing its platform while maintaining its customer-first commitment. The team at Binance.US remains as energized as ever about the opportunity for the business and its mission to modernize and democratize the financial system. 

Related posts

MicroStrategy Founder Urges Hold on Bitcoin for Upcoming Surge!

EdaFace Admin

Ripple’s Fate Hangs in Balance: SEC’s Closed-Door Meeting Sparks Speculation and Hope in XRP Community

EdaFace Admin

PEPE Price Analysis: Whales Amp Up PEPE Holdings as Price and Trading Volume Surge

EdaFace Admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More