His appointment comes less than a month after Binance Singapore was given an in-principle approval by MAS to operate in the city-state. Binance Holdings Ltd., branded Binance, is a global company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Teng has worked as former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market, chief regulatory officer at Singapore Exchange.įurther, he also has 13 years of experience of working at the Monetary Authority of Singapore (MAS), where he rose to become the director of corporate finance. The appointment of Teng is widely seen as a move to improve its regulatory image.īinance’s founder and CEO, Changpeng Zhao, admitted that Teng will be “big step” in the direction of being a leader in regulatory compliance. 22, 2021 /PRNewswire/ - Binance Singapore, the leading fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), today announced. Over the past couple of months, Binance has been pulled up by regulators in the UK, Japan, Thailand, the US and Malaysia over non-compliance. We are delighted to have Richard leading the Binance Singapore team in securing more strategic partnerships, fostering innovation and furthering the local cryptocurrency ecosystem in.
told me that he met SBF around this time, at a Binance event in Singapore. Binance logo on a smartphone – Photo: ShutterstockĬryptocurrency exchange Binance, which has faced the heat from regulators across the world in recent months, announced the appointment of Richard Teng, a veteran in financial regulations as the CEO of Binance Singapore. Binance CEO, said in a press release posted to the company's blog.
0 kommentar(er)
