Binance's new CEO Richard Teng released "A Letter from the CEO: The First 100 Days of Leading Binance", in which he stated that since he took office, ensuring and maintaining Binance's user-centered principles throughout its business has been his top priority. , as of now, Binance has more than 178 million registered users and recorded a net inflow of more than $3 billion between the end of November and the end of February, surpassing other competitors. On the institutional side, Binance has successfully initiated and executed the crypto industry’s first bank tripartite arrangement, in which institutional investors’ trading collateral is held on a fiat basis by a third-party banking partner. Over the past three months, Binance has made significant progress in licensing and licensing negotiations, and the completion of a comprehensive and independent SOC 2 Type II compliance audit confirmed that Binance’s global platform is operating effectively in terms of system protection and data security. and control measures implemented.