Binance CEO Richard Teng said the company is in discussions with a few jurisdictions where it might put down roots Binance, the largest crypto exchange by trading volume, will finally establish its headquarters — contrary to its popular philosophy that a decentralized firm does not need an office. Speaking at Paris Blockchain Week, Binance’s new CEO Richard Teng said the crypto exchange is in discussions with a few jurisdictions where it might put down roots, CNBC reports. By making this move, the crypto exchange might be signaling to authorities that it is ready to make major changes.