Odaily News CZ said at the Binance Shanghai event: “The entire industry requires a high degree of compliance, and Binance has made a lot of investments in talent, compliance, processes, and technology. Although many people have talked about Binance recently, there have been many There are many senior managers leaving, but there are also many people joining Binance, and about six to seven hundred people have been added in the past few months. We hope to attract more talents to join this industry or join Binance. Previous news, CZ responded to the resignation of Binance.US CEO Brian Shroder on the funds, improve products and services, consolidate internal processes, and gain huge market share.” CZ further stated: “The crypto market is now in a different position, with the regulatory environment rapidly evolving and becoming increasingly unfavorable. Former SEC, Federal Reserve Bank of New York, Ripple and DTCC executive Norman Reed is the perfect choice.