He Yi: CZ's resignation is Binance's biggest challenge, Binance wants to become Google

PANews reported on site that Binance co-founder He Yi stated in his speech at Binance Blockchain Week 2024 that Binance's biggest challenge was the resignation of CZ last year. The resignation of a company founder is undoubtedly a huge challenge, but Binance has achieved great success through a mature management system and mutual support from the team. Entrepreneurial teams often open up the market through the founder's outstanding single point performance, while a mature team with a good organizational culture can continue to grow even without a founder. The external challenge lies in regulation, and regulatory agencies have given a lot of attention to the cryptocurrency industry. Different regulatory agencies have different understandings of the industry, so Binance collaborates with different regulatory agencies. When it comes to industry doubts about why it is necessary to cooperate with regulatory agencies in such a way, He Yi said that Binance hopes to serve more users with regulatory support and support billions of users to use cryptocurrency. "Jin'an wants to become Google and build the future Internet world to make Web3 more accessible," He Yi added.