Richard Teng announces halal-compliant crypto product at Binance
@_RichardTeng: Binance launches halal crypto
Richard Teng, a key figure at Binance, has introduced a new halal-compliant crypto product called Shariah Earn.
This initiative aims to empower the global Muslim community by providing earning opportunities in compliance with Shariah law. By expanding its offerings, Binance continues to develop innovative solutions for diverse communities, bridging the gap between traditional finance and the burgeoning world of cryptocurrency.
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Teng’s drive to expand Binance’s reach reflects a strategic pattern seen in previous efforts to foster Web3 adoption across emerging markets, as illustrated by the Blockchain Yatra initiative in India. Additionally, his demonstration of Binance Pay’s borderless capabilities during a visit to a restaurant in Bhutan underscores an ongoing commitment to innovation in digital finance.
