CEO of Binance.
Richard Teng is an experienced executive with over three decades of financial services and regulatory experience. Richard joined Binance in August 2021 as CEO of Binance Singapore.
Soon thereafter, he held roles looking after the MENA region, the European region, and ultimately all regions outside of the U.S. as the Head of Regional Markets at Binance. In this role, he led regional teams to secure strategic partnerships, foster an ecosystem of innovation, and expand the cryptocurrency ecosystem within the respective regions.
In November 2023, Richard succeeded Changpeng Zhao as Binance CEO.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), where he showcased his capabilities as one of the world’s foremost innovative regulators.
Richard’s vast experience also includes previous roles as the Chief Regulatory Officer of the Singapore Exchange (SGX) and Director of Corporate Finance at the Monetary Authority of Singapore. Richard received his Masters in Applied Finance (Distinction) from the University of Western Australia and a Bachelor of Accountancy (1st Class) from Nanyang Technological University.
Binance
Nanyang Technological University Singapore / Accountancy (1991-1994)
The University of Western Australia / Master's Degree, Applied Finance (1998)
The Wharton School / Executive Leadership Programme (2004)
MAS / Director, Corporate Finance (1994-2007)
SGX / Chief Regulatory Officer (2007-2015)
Abu Dhabi Global Market / CEO (2015-2021)
Lulu Financial Group / Board Director (2021-2022)
Blockchain Association Singapore / Advisory Board Member (2021-present)
Global FinTech Institute / International Council Member (2021-present)
Richard Teng cautioned that the extent of future growth will depend on various factors, including overall market sentiment and rates of adoption.
Despite ongoing concerns about the SEC lawsuit, the detention of its executive in Nigeria, and fluctuations in Bitcoin price ahead of the halving event, Binance remains committed to driving positive developments in the crypto space.
Binance FZE, the global exchange’s Dubai arm, can now fully operate in the city after authorities awarded the company a full license.
The courses will cover a wide range of topics, from the basics of Bitcoin, Ethereum, Cardano, among other cryptocurrencies, to advanced applications of blockchain technology in various industries such as finance, supply chain, and healthcare.
Binance executive Catherine Chen said that they are open to regulations in the crypto space which would give them further clarity to navigate through the crypto landscape.