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New Binance chief stresses compliance

PARIS: The new chief executive officer (CEO) of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws, and it paid $4.3 billion to settle charges.

In an interview with Agence France-Presse (AFP) during a visit to Paris for a cryptocurrency sector conference, Richard Teng said his aim is to keep Binance a 'user-focused, user-first organization' that helped propel its success.