Binance Blog published a new article, announcing the appointment of Binance CEO Richard Teng to the Advisory Board of the Digital Chamber, the world’s largest blockchain and digital asset trade association. This move underscores the Chamber’s dedication to uniting prominent figures from finance, regulation, and technology to foster the responsible growth and adoption of digital assets. Richard Teng's extensive experience in global finance and regulation is expected to significantly contribute to the Chamber’s mission of shaping balanced, pro-growth regulatory frameworks as the digital asset industry evolves.

Richard Teng, as the Chief Executive Officer of the world’s largest cryptocurrency exchange, brings a wealth of knowledge from his previous senior roles at the Abu Dhabi Global Market and the Monetary Authority of Singapore. His appointment is seen as a strategic step towards advancing the Chamber’s goals. Richard expressed his commitment to the shared mission of driving pro-innovation policies that enhance inclusive participation in the digital asset economy. He emphasized the critical responsibility industry leaders have in advancing the sector and protecting investor interests. Richard is eager to collaborate with fellow board members to make a meaningful impact as the industry matures and global regulatory frameworks become more constructive.

Joining Richard on the Advisory Board are notable figures such as Lilya Tessler of Sidley Austin LLP, Jonathan Steinberg of WisdomTree, Caitlin Long of Custodia Bank, Sergey Nazarov of Chainlink, and Rachel Anderika of Anchorage Digital. Their combined expertise in legal, financial, and technological fields is expected to bolster the Chamber’s capacity to drive innovation and collaboration across the sector. Cody Carbone, Chief Executive Officer of The Digital Chamber, expressed honor in welcoming these visionary leaders, highlighting their unparalleled insight and experience in shaping the future of digital assets, promoting sound regulation, and advancing blockchain innovation globally.

Richard Teng’s appointment aligns with Binance’s ongoing commitment to thoughtful leadership and collaboration within the digital asset ecosystem. Binance aims to guide the responsible growth and adoption of digital assets by continuously cooperating with regulators to combat financial crime globally and by advancing blockchain education. This strategic alignment reflects Binance’s dedication to fostering a secure and innovative digital asset environment, ensuring that the industry progresses in a responsible and inclusive manner.