Former regulator Richard Ting has been appointed to oversee Binance's regional markets outside the US, positioning him as a potential successor to CEO CZ. The move comes as CZ looks to reduce his ownership of Binance US in an effort to appease US regulators. Ting's experience as a regulator will be valuable as Binance aims to address enforcement actions related to its early years. Ting downplayed speculation about his taking over as CEO but CZ has previously mentioned having a succession plan in place.