The new Binance chief executive maintains that the embattled exchange’s business fundamentals remain “very strong” despite recent regulatory headwinds. Richard Teng, who previously worked as Binance’s head of regional markets, was promoted to the CEO position earlier this week after the company’s previous chief executive, Changpeng Zhao, resigned. Zhao stepped down after agreeing to plead The post New Binance CEO Richard Teng Says Exchange’s Fundamentals Are ‘Very Strong’ – Here’s What He Means appeared first on The Daily Hodl .