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Richard Teng: Binance increases focus on compliance and user protection

Richard Teng: Binance increases focus on compliance and user protection
Binance steps up compliance focus

Richard Teng, CEO at Binance, states that illicit actors are increasingly aware that compliant platforms such as Binance are not safe places for them to operate.

Teng emphasizes that Binance prioritizes user protection and supporting law enforcement in disrupting illicit finance. He notes that Binance has made significant investments in compliance and sanctions measures.

Teng previously outlined the rise of perpetual markets as efficient venues for cross-asset exposure. He also highlighted that market activity now occurs beyond the opening bell, with price discovery happening on weekends. His recent comments continue a focus on adapting to evolving trading environments and strengthening compliance measures.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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