• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Bitcoin Price Makes History By Crossing $126,000: Options Market Forecasts Next Price Targets
Binance Hires Richard Teng To Expand Operations In Singapore

Binance Hires Richard Teng To Expand Operations In Singapore

Asad Gilani
by Asad Gilani
4 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Binance has hired Richard Teng to become their CEO in Singapore to cross the regulatory curve. This has been a hurdle for the exchange in the present weeks.

Binance is a cryptocurrency exchange that provides an online platform for trading various cryptocurrencies. It was founded in 2017, domiciled in the Cayman Islands, and provides a crypto wallet for traders to store their electronic funds. Binance is currently the largest exchange in the world in terms of the daily trading volume.

The Binance Singapore refers to the leading fiat-to-crypto platform for trading cryptocurrencies in Singapore Dollars (SGD).

Related Reading | Congress Introduced 18 Bills Regarding Cryptocurrency Assets in 2021

The popular crypto exchange has hired the former CEO of Abu Dhabi’s financial watchdog to man its operations in Singapore. The company stated this on Monday during a press release.

Mr. Teng And The ADGM

Mr. Teng, during his tenure as the CEO of Abu Dhabi Global Market (ADGM), played a vital role. He drove the force that made the ADGM be recognized internationally by global regulators. They also gained recognition from industry bodies and were labeled in a Forbes article among one of the world’s foremost innovative regulators.

The ADGM recorded significant growth from a newly established financial center to a firm with over 2,700 registered licenses. In addition, the knowledge has over 150 financial institutions approved within five years of operation.

Before joining the ADGM, Teng was the CRO (Chief Regulatory Officer) of the SGX (Singapore Exchange). He was the leader of a regulatory organization responsible for framework, policy, and rule formulation.

The aspects include clear trading and offering regulatory solutions for new products as well as services. In addition, Mr. Teng spent thirteen years working with MAS (Monetary Authority of Singapore) and later became their Corporate Finance Director.

Richard Teng To Lead Binance In Singapore

A media outlet reported that Mr. Teng has been talking with Binance Singapore business, indicating his interest to join them last week. “I am happy to join Binance Singapore at this crucial time for the crypto and blockchain industry,” Mr. Teng stated.

The exchange adopted the move as an avenue of crossing over the regulatory curve, which has caused consternation for them in recent weeks.

Binance Singapore intends to offer trading pairs for Ether (ETH), Bitcoin (BTC), and Binance coin. According to a Monday press release, the exchange platform via xFers Direct provides withdrawals and deposits in Singapore currency (SGD).

Related Reading | China’s “Great Mining Migration” Leads Cryptocurrency Firms To Relocate

For six years, Mr.Teng was the head of the Financial Services Regulatory Authority at Abu Dhabi Global Market.

He has seven years of working experience as the Singapore exchange chief regulatory officer. Mr. Teng also spent 13 years working with the Money Authority of Singapore, as stated in his Linkedln profile.

Binance Hires Richard Teng To Expand Operations In Singapore

Binance is following an upward trend with 4% growth in last 24 hours| Source: BNBUSD on TradingView.com
Featured image from Pixabay, and chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Asad Gilani

Asad Gilani

Follow

Asad is a freelance writer. He is interested in cryptocurrencies, technology, and in particular the subject of online security. An open supporter of freedom of speech, privacy, and equality for all. On a personal level, he likes to stay socially active, loves playing snooker, cricket, enjoys seafood and loves listening to folk music.

Full Profile

Related Posts

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (October 7)

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (October 7)

24 minutes ago
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (October 7)

Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (October 7)

28 minutes ago
Analyst Predicts a $250K Bitcoin Amid Growing Institutional Support as Bitcoin Hyper Soars

Analyst Predicts a $250K Bitcoin Amid Growing Institutional Support as Bitcoin Hyper Soars

33 minutes ago
Bitcoin Could Hit $131K After Setting New ATH, While Bitcoin Hyper Raises Over $22.2M.

Bitcoin Could Hit $131K After Setting New ATH, While Bitcoin Hyper Raises Over $22.2M

1 hour ago
Grayscale

Grayscale’s Ethereum ETFs And Solana Fund Introduce Staking Features Today – Key Details

3 hours ago
circle, crypto

EU Plans Transfer Of Crypto, Stocks Oversight Power To Address Market Fragmentation – ESMA Chair

4 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • The Quiet Market Shift Investors Might Be Missing: How Tapzi Is Challenging Institutional Favorites

    The Quiet Market Shift Investors Might Be Missing: How...

    4 days ago
  • Investors Search for Long-Term Upside in This Under-$0.01 Crypto of 2025 Tapzi

    Investors Search for Long-Term Upside in This Under-$0.01...

    4 days ago
  • MoonBull Presale Explodes with over 11,800% Projected ROI as Uptober Sends the Market Soaring

    MoonBull Presale Explodes with over 11,800% Projected ROI...

    4 days ago
  • 狗狗幣引領『Uptober』Meme...

    4 days ago
  • ตัวละคร Snorter ขนฟูโต้คลื่นบนเซิร์ฟบอร์ดสีชมพู

    จับตา Uptober!...

    5 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.