Binance founder Changpeng “CZ” Zhao said he has no intention of returning as chief executive of the world’s largest cryptocurrency exchange, telling an interviewer that the company no longer needs him at the helm.
From the Top Job to the Sidelines“I don’t think they need me, but in the future… anything could happen.”
Since his release, CZ has repeatedly said he is content outside the corner office. He told the interviewer that he does not want to run the global exchange he largely owns, its U.S. affiliate, or be a chief executive and sit on any boards.
What CZ Is Doing Instead Still a Force in CryptoTeng, for his part, has steered the exchange through a demanding compliance overhaul since taking over, and a high-profile return by the founder could have complicated the company’s relationships with regulators around the world.
