Since stepping into the CEO role in late 2023, Richard Teng has been quietly but powerfully reshaping Binance’s identity—from a fast-moving giant to a compliance-first, governance-led global exchange.
🏛 A Regulator’s Mind in the Crypto World
With experience at the Monetary Authority of Singapore, SGX, and Abu Dhabi Global Market, Teng isn’t just another CEO—he’s a bridge between crypto innovation and global regulators.
His mission? Rebuild trust, reinforce compliance, and make Binance the most regulated and reliable exchange in the world.
🔐 Trust, Built on Action
• $213M+ invested in compliance
• Over 1,300 compliance staff hired
• Active licenses in 20+ jurisdictions
• Full commitment to 1:1 user asset backing & Proof-of-Reserves
• Plans underway for formal HQ & independent board governance
Teng isn’t talking trust. He’s building it.
📈 Still Growing — Smarter & Stronger
While reforming from the inside, Binance under Teng added 100M+ new users, expanded institutional partnerships, and launched key programs for financial inclusion in emerging markets.
💬 Teng’s Leadership Philosophy
“There’s no shortcut to trust. You earn it, step by step.”
Under his leadership, Binance is evolving from disruption to durability, from chaos to clarity, and from uncertainty to unshakeable leadership in the crypto space.
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