He Yi, co-founder of Binance, stated in his speech at Binance Blockchain Week 2024 that the biggest challenge for Binance was the resignation of CZ last year. Binance has achieved significant success through a mature management system and the support among team members. Binance collaborates with various regulatory agencies, hoping to serve more users with the backing of regulations and support billions of users in using cryptocurrencies. Binance aims to become like Google, building the future internet world and making Web3 more accessible.

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PANews reported on October 30 that He Yi, co-founder of Binance, stated during his speech at Binance Blockchain Week 2024 that the biggest challenge for Binance was the resignation of CZ last year. The resignation of a company's founder is undoubtedly a significant challenge, but Binance has achieved great success through its mature management system and the support of its team members. Entrepreneurial teams often break into the market through the prominent performance of their founders, but a mature team with a good organizational culture can continue to grow even in the absence of a founder. The external challenge lies in regulation, as regulatory bodies have given considerable attention to the cryptocurrency industry. Different regulatory bodies have different understandings of the industry, so Binance collaborates with various regulatory agencies. When asked about the industry's skepticism regarding the need to cooperate with regulators, He Yi stated that Binance hopes to serve more users with the support of regulation, aiming to support billions of users in using cryptocurrencies. "Binance wants to become the Google and create the future Internet world, making Web3 more accessible," He Yi added.

He Yi: CZ's Resignation is Binance's Biggest Challenge, Binance Aims to Become Google