Regulatory Insights and Crypto Leadership from Richard Teng
Richard Teng became CEO of Binance in November 2023 following Changpeng Zhao’s resignation and has since led a rapid restructuring and regulatory expansion. In 2025, he focused on restoring regulatory trust, securing licenses in Hong Kong, Dubai, and France, and overseeing the firm’s legal settlements totaling $4.3 billion with U.S. authorities. Under his leadership, Binance implemented mandatory KYC, governance transparency, and a compliance-heavy corporate structure.
Teng brings over two decades of regulatory and fintech experience. He previously served as CEO of Abu Dhabi Global Market (ADGM), head of regulation at the Singapore Exchange (SGX), and a director at the Monetary Authority of Singapore. Since becoming CEO, he’s overseen Binance’s operations for over 150 million users and led initiatives in token listing reform, institutional custody, and CBDC integrations. Teng frequently engages with G20 regulators and leads Binance’s global compliance and public policy communications.
Richard Teng: Binance has distributed over $10 billion in rewards since 2019
Richard Teng, CEO at Binance, highlighted that since 2019 the company has distributed more than $10 billion in rewards and earnings to its users. Teng emphasized the goal of growing together with ...
Binance marks 9 years as crypto integration grows, Richard Teng notes
Richard Teng, CEO at Binance, reflects on the 9-year anniversary of the digital asset platform and on industry developments over the past year. Teng highlights that despite recent challenges in ...
Richard Teng: Access to more markets now extends beyond crypto
Richard Teng, CEO at Binance, stated that portfolio rebalancing occurs when assets become expensive. He emphasized that all asset classes experience cycles and noted Binance's expansion beyond ...
Binance Coin slips below key averages as Richard Teng highlights ecosystem growth
Binance Coin (BNB) is trading at $566.04, down $14.19 or 2.45% from its previous close. Since the market opened at $576.83, the asset has moved lower to near the day's ...
Richard Teng: MiCA is a milestone for crypto regulation in Europe
Richard Teng, CEO at Binance, writes about the implications of MiCA and the next steps for crypto in Europe. Teng highlights that the European Union has developed the world's first comprehensive ...
Binance pursues super app with unified financial and crypto services, Richard Teng notes
Richard Teng, CEO at Binance, joined a media interview to discuss the company's ambition to evolve into a financial super app that goes beyond a traditional crypto exchange. According to Teng, ...
Richard Teng: 93 percent of bStock trades are fractional as demand for smaller investments rises
Richard Teng, CEO at Binance, reports that 93 percent of all bStock trades to date have been fractional. According to Teng, more people are opting to invest in smaller, more affordable pieces. He ...
Binance charity donates $3 million in USDT for Venezuela earthquake relief, Richard Teng states
Richard Teng, CEO at Binance, announced that Binance's charity arm will donate $3 million in USDT to assist Binance users in Venezuela affected by recent earthquakes. For a limited time, the ...
Richard Teng: Binance committed to MiCA licence and regulatory clarity for European users
Richard Teng, CEO at Binance, addressed European users' concerns about ongoing regulatory uncertainty. He emphasized the company's continued commitment to securing a MiCA licence in the coming ...
TradFi-linked perpetuals reach 10 percent share of stablecoin volume, Richard Teng notes
Richard Teng, CEO at Binance, reports that TradFi-linked perpetuals now make up around 10% of all stablecoin trading volume. Teng adds that stablecoins are increasingly used to settle ...
Richard Teng: Australia well positioned as APAC digital asset hub
Richard Teng, CEO at Binance, commented on the potential for Australia to become a leading hub for digital assets and tokenisation in the Asia-Pacific region. Teng noted that the most successful ...
Stablecoins play a growing everyday role in global markets, Richard Teng notes
Richard Teng, CEO at Binance, highlights the increasing impact of stablecoins on daily life in various countries. He notes that 36% of Binance users in emerging markets now keep at least half ...
Richard Teng: Binance committed to MiCA compliance in Europe
Richard Teng, CEO at Binance, emphasized the company's commitment to its European users and operating under the clear, harmonised MiCA regulatory framework. He stated that Binance is dedicated ...
60% of Bitcoin has not moved in a year, Richard Teng notes
Richard Teng, CEO at Binance, highlights findings from a Binance Research report showing that 60% of all Bitcoin has remained unmoved for more than a year. This trend suggests reduced active ...
Richard Teng: Binance ranks as top crypto exchange in AI model results
Richard Teng, CEO at Binance, points out that when AI models are asked about crypto exchanges, Binance appears as the number one result approximately 90% of the time across various models and ...
Opening private market access to more investors, Richard Teng notes
Richard Teng, CEO at Binance, is advocating for wider access to investment opportunities in private markets, pre-IPO offerings, and public equities. Teng highlights the efforts to eliminate ...
Richard Teng: Binance launches zero commission trading for 7,000 stocks and ETFs
Richard Teng, CEO at Binance, announced that Binance users now have the ability to trade over 7,000 stocks and ETFs with zero commission. According to Teng, this move represents a significant ...
Emerging markets lead Bitcoin adoption growth, Richard Teng notes
Richard Teng, CEO at Binance, points to increasing Bitcoin adoption across the Global South. He highlights that, according to Binance user data, year-over-year BTC holder growth is notable in ...
Richard Teng: Binance leader Yi recognized on Fortune Most Powerful Women list
Richard Teng, CEO at Binance, celebrated the inclusion of Binance executive Yi on Fortune Magazine's Most Powerful Women in Business list. This marks the first time a crypto-native executive has ...
Two pizzas once cost 10,000 BTC, Richard Teng notes
Richard Teng, CEO at Binance, highlights Bitcoin Pizza Day by recalling the famous purchase of two pizzas for 10,000 BTC, widely regarded as the most expensive meal ever. The reference ...
Richard Teng: Binance offers pre-IPO trading access to users
Richard Teng, CEO at Binance, announces that for the first time, users on Binance can trade where high-profile IPOs may price before trading formally begins. According to Teng, historical access ...
