Binance US Aims to Reduce Changpeng Zhao's Majority Stake: Report

Binance US Aims to Reduce Changpeng Zhao's Majority Stake: Report


Coinnounce
2023-05-12 06:39:15

Binance US is reportedly taking steps to reduce CEO Changpeng Zhao's majority stake, aligning with regulatory requirements and aiming for a more decentralized governance structure, signaling the exchange's commitment to compliance and industry-wide changes.