Last month during Blockchain Week, news broke that a major exchange made a big move—He Yi has officially been promoted to Co-CEO. This co-founder has actually been deeply involved in the company's operations all along, and this time she’s rightfully taking the top seat.

The platform’s latest disclosed numbers are pretty staggering, with registered users nearing the 300 million mark. According to the official statement, He Yi will partner with the other Co-CEO, Richard Teng, focusing on three main areas: business expansion, product line innovation, and most importantly, advancing compliance.

To be honest, given the current tightening regulatory environment, the dual-CEO structure is probably meant to balance global expansion with compliance pressures. After all, with a business of this scale, it would definitely be tough for just one person to steer the ship.