Does Binance have a corporate governance structure?

In addition, the order requires Binance and Zhao to certify Binance will implement a corporate governance structure that includes a Board of Directors with independent members, a Compliance Committee, and an Audit Committee.

Does Binance solicit Chinese users?

CNBC previously reported on how Binance engages in similar activity to solicit mainland Chinese users. The CEO of the largest online exchange for trading cryptocurrency, Binance, said he is establishing a recovery fund to help people in the industry, while saying the sector “will be fine.”

Does Binance comply with regulatory agencies?

Teng said that moving forward, Binance was heavily invested in ensuring compliance with regulatory agencies from around the globe. Over the past 18 months, Binance has been forced to terminate or significantly adjust its core services in several jurisdictions around the globe — including the Netherlands, Cyprus, Australia and Canada.