PANews reported on October 30 that Binance co-founder He Yi said in his speech at Binance Blockchain Week 2024 that Binance's biggest challenge was CZ's resignation last year. The resignation of a company founder is undoubtedly a huge challenge, but Binance has achieved great results by relying on a mature management system and the support of the team. Entrepreneurial teams often open up the market through the outstanding single-point performance of the founder, while a mature team with a good organizational culture can continue to grow even without a founder. The external challenge lies in regulation, and regulators have paid a lot of attention to the crypto industry. Different regulators have different understandings of the industry, so Binance cooperates with different regulators. Speaking of industry doubts about why they should cooperate with regulators in this way, He Yi said that Binance hopes to serve more users with the support of regulators and support billions of users to use cryptocurrencies. "Binance wants to be Google, want to build the future Internet world, and make Web3 more accessible." He Yi added.
He Yi: CZ's resignation is Binance's biggest challenge. Binance wants to become Google
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