He Yi becomes Binance Co-CEO! Balancing Binance compliance and growth

Binance announced today that He Yi has been appointed as Co-CEO, joining Richard Teng in leading the company to simultaneously strengthen compliance and user growth.

(Context: Binance founder CZ predicts that many “all-time highs” will soon be reached! Bitcoin surges past $91,000)
(Background: Binance Web3 Wallet launches “on-chain stocks” trading, currently with 0% fees)

At the Binance Blockchain Week event in Singapore today (3rd), the world’s largest cryptocurrency exchange, Binance, announced that co-founder He Yi has been promoted to “Co-CEO,” leading the company alongside Richard Teng.

This personnel change comes as Binance’s user base approaches 300 million, and in the first year of the Trump administration’s return with promises to relax crypto regulation.

The dual leadership model at Binance demonstrates a clear division of labor: Richard Teng has decades of experience in traditional financial regulation and leads as many as 1,280 compliance professionals, aiming to ensure the stable operation of the 22 global licenses Binance has obtained. As Co-CEO, He Yi’s current mission is to focus on product iteration, community interaction, and market penetration, forming a strategic “shield and spear” combination to prevent pressure from concentrating on a single leader.

Citing official data, Binance states that its global user base is about to surpass 300 million. As of June 2025, Binance holds a 41.1% market share in spot trading, with monthly futures trading volume reaching $2.55 trillion. More importantly, the platform currently lists 434 cryptocurrencies and 1,595 trading pairs. Its vast product depth keeps retail user engagement high and generates strong cash flow, sufficient to absorb strict compliance costs.

“Customer Service He Yi”

He Yi has earned the reputation of “Binance’s No.1 customer service” within the community, formally embedding Binance’s longstanding user-centric culture into its governance framework. Her leadership in promotional campaigns in Latin America and Africa brought in 30 million new users by mid-2025, proving that user penetration is not achieved by product alone, but by the parallel development of product and community. He Yi publicly stated:

“It is a great honor to work hand in hand with Richard. He has decades of experience in regulated financial markets and is one of the earliest financial regulators to participate in the crypto industry. We have diverse perspectives and are confident in leading the future together at this critical moment for the industry. We will continue to expand our business globally in a steady manner, drive sustainable innovation responsibly, and always keep users at the core.”

Related articles:
He Yi: Binance is not afraid of slander, but do good deeds without asking for the future! CZ responds to listing fees: “Don’t focus too much on competitors.”
He Yi calls for “BNB to launch prediction markets”: welcomes professionals to participate, YZi Labs leads investment

<He Yi Becomes Binance Co-CEO! Balancing Binance Compliance and Growth> was first published on BlockTempo, the most influential blockchain news media.