2023-05-30 16:02:36
Binance Crypto Exchange Appoints Richard Teng to Lead All Regional Markets Outside US
The world’s largest
crypto exchange,
Binance, has appointed Richard Teng, a traditional finance
(TradFi) veteran with strong regulatory experience, as its head of all regional markets outside of the
US. The appointment marks a quick ascension for Teng at
Binance and comes after less than two years with the company, Bloomberg reported.
Previously responsible for overseeing Asia, Europe, the Middle East, and North Africa, Teng's expanded role will now encompass all regions beyond the
US, with the latter region still being led by Brian
Shroder, a former director at Alibaba’s payment branch
Ant Group
Prior to joining
Binance, Teng held a diverse range of senior positions in the traditional financial sector, including
CEO of Abu Dhabi Global Market, Chief Regulatory Officer at the Singapore Exchange Ltd, and Director of Corporate Finance at the Monetary Authority of Singapore
(MAS).
Judging from his
LinkedIn profile, Teng first ventured into the world of crypto in July of 2021 when he joined
Blockchain Association Singapore as a member of the advisory board, just a month before joining
Binance.
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