PANews reported on December 3rd that, according to Foresight News, Binance Co-CEO He Yi stated in an interview during Binance Blockchain Week that Binance's implementation of a co-CEO system is not a significant change in job responsibilities, but rather a long-term strategic consideration. Current CEO Richard Teng, with his regulatory background and familiarity with compliance processes, serves as the best bridge between Binance and regulatory agencies, helping Binance elevate its compliance standards to a higher level. He Yi, leveraging her extensive experience as an "OG" (Original Group Leader), effectively maintains a user-centric culture within the company. Going forward, He Yi will focus on three key areas: continuing Binance's culture, building systemic capabilities, and introducing more AI technology.
He Yi frankly admitted that Binance still has areas to improve, including a less-than-smooth product experience, the need to learn from competitors in localization, and the need to strengthen technical stability. She believes the biggest challenge currently lies in talent density. He Yi denied rumors of "white gloves" in the listing process, stating that Binance has never had them, and many people in the market are impersonating individuals closely related to Binance or its founders to commit fraud. He Yi believes that future Bitcoin declines will not be as extreme as in past cycles because it is transitioning from a niche asset to a mainstream asset, and the cyclical logic is changing. Regarding Meme coin, she believes short-term sentiment drives price, but long-term value still needs to return to the logic of value investing. Regarding the Hong Kong market, she stated that Binance maintains an open and proactive attitude, respects regulations, and also recognizes the difficulties local exchanges face in accessing international liquidity, therefore choosing to proceed cautiously and gradually. Binance is open to connecting liquidity with compliant Hong Kong exchanges in the future, but industry feedback indicates that there are still obstacles at the implementation level.
