Binance Promotes Co-Founder Yi He to Co-CEO Role, Strengthening Global Expansion and Regulatory Strategy
Binance has announced a major leadership update by appointing co-founder Yi He as Co-Chief Executive Officer alongside current CEO Richard Teng. The move formalizes a joint leadership structure designed to support the company’s global expansion plans while enhancing regulatory compliance and long-term stability.
Yi He has been part of Binance since its founding and has played a central role in building the platform into one of the world’s largest cryptocurrency exchanges. Over the years, she has led brand development, global marketing, and internal management while also overseeing strategic investments and innovation initiatives. Her promotion reflects Binance’s intention to balance operational expansion with strong internal leadership and customer-focused growth.
Under the new structure, the dual-CEO model aims to combine two complementary leadership styles. Yi He is expected to continue guiding product innovation, community engagement, and ecosystem development, while Richard Teng will maintain oversight of corporate governance, regulatory relationships, and international operations. This division of responsibilities is intended to ensure faster decision-making and stronger execution across key business areas.
The announcement comes at a time when the cryptocurrency industry is undergoing closer scrutiny from regulators worldwide. Governments and financial authorities are increasingly demanding higher standards of transparency, customer protection, and risk management from digital asset platforms. By strengthening leadership at the top, Binance is signaling its commitment to operating within regulatory frameworks and maintaining trust with users and partners.
Industry experts view this leadership shift as a sign of maturation for the exchange. Rather than relying on a single executive, shared leadership allows the company to manage both innovation and compliance more effectively. The strategy reflects a growing trend among global firms where governance and risk management are as important as product development and expansion.
Yi He’s appointment is also significant from a diversity perspective. Her rise to the top executive level highlights the increasing presence of women in leadership roles within the cryptocurrency and blockchain sector, an industry historically dominated by male executives. Observers believe her leadership may inspire broader participation and inclusion across the digital finance space.
From a business standpoint, the joint CEO structure is expected to improve investor confidence and support Binance’s long-term vision. The company continues to expand into new markets, launch new services, and enhance its technology infrastructure while working closely with regulators in different regions. With two leaders at the helm, Binance aims to be more agile, resilient, and responsive in an increasingly competitive environment.
As the global cryptocurrency market evolves, leadership decisions like this one may define the future of major platforms. Binance’s appointment of Yi He as Co-CEO demonstrates its intention to stay ahead by strengthening governance, supporting innovation, and adapting to regulatory demands worldwide.
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