PANews April 11 news, according to Bitcoin.com, Binance CEO Richard Teng outlined the company's future plans in an interview with CNBC on Tuesday. Previously, Binance has reached a settlement with US authorities, including the Department of Justice (DOJ). Speaking of concerns raised by the company's past practices, Teng said that the allegations against Binance involved activities in the "very early stages" of Binance's development, when "the rules were just budding" and "not yet clear." He emphasized: "But as the company becomes more mature, we have surpassed this stage... We are paying attention to sustainability; the direction of development is very clear, that is, to achieve more compliance, which is why we are building a very sound compliance program." Recently, Binance established its first board of directors, and this decision has attracted attention because most of them are internal personnel of the company and there are only a few non-executive directors. Teng defended the decision, emphasizing that the board needs to have a deep understanding of Binance's unique business model. "This is a good combination of internal and external opinions on how to lead the company forward." In addition, Binance has not yet decided on the location of its official global headquarters. Teng has confirmed that Binance is considering several options, but he pointed out that choosing the right location is a "very careful process." Noting that choosing the right location was “not easy,” he stressed that the company needed to find a jurisdiction with a regulatory framework that “can accommodate the breadth and depth of our products,” be able to serve its users, and “be able to have more head office staff there.” Paris had previously been mentioned as a possible global headquarters location.

#币安