Forbes: Binance regional market director Richard Teng is a potential CEO candidate

Citing sources from Forbes, Richard Teng, the head of Binance's regional markets, may replace CEO Zhao Changpeng. However, negotiations are still ongoing and the situation may change. Teng previously oversaw the company's operations in Europe and Asia. According to sources, Binance is also preparing to announce the members of a new board of directors, which will oversee the company's management and hire a US-based third-party regulatory agency as part of its trading.