iBNB

<ul><li>Binance CEO Richard Teng assures that the crypto exchange is financially strong.</li><li>The crypto giant spent 36% more on compliance efforts to strengthen global relationships.</li><li>Despite receiving licenses from various countries, it avoids expansion into the US.</li></ul><a href="https://cryptotale.org/binance-records-1-2b-inflows-amid-market-crash-report/" rel="noopener noreferrer nofollow">Binance </a>CEO Richard Teng has planned to boost compliance with global regulators and build a sustainable enterprise that will prosper for the next 50-100 years. He assured that the crypto giant is in great shape financially and there is no requirement for fundraising or initial public offering (IPO).According to a Chinese newsletter&#39;s X post on Thursday, Teng stated that the firm has been profitable since its fifth month of inception and is very cautious in spending. Apart from being a sustainable enterprise, the CEO focuses on transparency in its operations and finding a permanent &#39;home’, because, Binance does not have a distinct location until now.<h2 id="header-0">Search of New Markets</h2>After paying hefty settlements, Binance has received its licenses from various countries, including Dubai, India, Thailand, and Brazil. Teng stressed that the firm is atoning for its previous mistakes and will move forward in a regulated manner. He said,&#34;We acknowledge our past mistakes. We have paid a heavy penalty on that front.&#34; <a href="https://cryptotale.org/binance-boost-compliance-for-100-year-global-growth-strategy/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Binance Boost Compliance for 100-Year Global Growth Strategy

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