Binance co-founder He Yi appointed co-CEO

Binance co-founder He Yi has been appointed co-CEO of the exchange, Fortune Crypto reported. She is expected to oversee marketing and customer-related operations, while current CEO Richard Teng will focus on regulatory and legal compliance. The outlet noted that while the appointment marks the emergence of a new female leader in the crypto industry, it could also attract additional regulatory scrutiny. This is due to her having children with Changpeng Zhao, who is prohibited from participating in the company's management. He Yi stated that her personal and business lives are independent.