Binance Holdings, which operates the Binance cryptocurrency exchange, introduced the composition of its first board of directors. It included 7 people, including the CEO of the platform, Richard Teng.

Other members of the board of directors are listed on the company's website, including former Barbadian Ambassador to the UAE Gabriel Abed, Heina Chen, Lilai Wang, Jinkai Hye, managing partner of the investment firm Gojo & Co company Arno Ventura and Bayview Acquisition Corp CEO Xin Wang.

Representatives of the Binance cryptocurrency exchange emphasized that of the seven members of the board of directors, three are independent directors of other companies, and are proud that Binance is supported by such famous people from the field of Web3 and blockchain.

Previously, the Binance exchange joined the Global Travel Rule alliance. The marketplace has agreed to help combat financial crimes such as cross-border money laundering and terrorist financing.