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Isn't Changpeng Zhao the CEO since he founded it and still seems to be running it? Still a sketchy person and the company as a whole too, especially the fact t
by hackerman123469 4y ago
Isn't Changpeng Zhao the CEO since he founded it and still seems to be running it?
Still a sketchy person and the company as a whole too, especially the fact that the reasoning for no HQ is to be decentralized like crypto, whatever that means in the sense of a company.
- senttoschool 4y agoYes, CZ is the CEO and founder. But no one knows where he is exactly.
- ratg13 4y agoWhy does he have to be anywhere? If he’s not violating any visa requirements, why stay in one place? I’m not even remotely wealthy and I find a way to work from multiple countries every month. If I had this sort of money I would take it to another level and work from a much wider range of places. Home is just the place where my postal mail is waiting for me.
- senttoschool 4y agoBecause he's far more likely to be evading regulation and authorities than just being a digital nomad. Would you trust a bank with your money that has no HQ and the CEO/founder is no where near any legal jurisdiction?
- hackerman123469 4y agoMy bank is already pure virtual with no physical locations, so yeah I would trust that. The problem with a crypto exchange isn't "not having an HQ" but rather the lack of regulations. A bank has regulations so they can't really be as scummy. So if there were proper regulations in place then it wouldn't be a problem. It wouldn't matter if it has an HQ or not, it only matters where the company is registered and how that country regulates it. I believe currently Binance is registered as a company in Singapore, but I could be remembering wrong.
- senttoschool 4y ago>My bank is already pure virtual with no physical locations, so yeah I would trust that. I agree. But Binance is neither regulated nor transparent about its HQ, incorporations, executives, CEO.