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 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 ...
Binance aims for long-term growth, Richard Teng notes
Richard Teng, CEO at Binance, thanked users for their continued trust in the platform. He emphasized Binance's commitment to building for the long ...
Richard Teng: Rachel Conlan steps down from Binance after over three years
Richard Teng, CEO at Binance, announced that Rachel Conlan is stepping down from Binance after more than three years to focus on personal priorities. Teng highlighted Conlan's significant ...
DeFi hacks totaled $621 million in April 2026, Richard Teng warns
Richard Teng, CEO at Binance, warned that DeFi hacks reached $621 million in April 2026 alone. He stressed that this poses a serious concern for the industry, emphasizing the need for continued ...
Richard Teng: Binance aims to become financial super app for all assets
Richard Teng, CEO at Binance, highlighted major shifts ahead in global trading. He stated that Binance is moving beyond being just a crypto exchange, with ambitions to build a comprehensive ...
Binance Pay handled over $280 billion and is expanding to more countries, Richard Teng notes
Richard Teng, CEO at Binance, highlights the growth of Binance Pay. Since 2021, Binance Pay has processed more than $280 billion and is set to launch QR payments in over ten countries by the third ...
Richard Teng: Crypto ecosystem growth depends on local communities worldwide
Richard Teng, CEO at Binance, emphasizes the importance of local communities in driving the growth of the global crypto ecosystem. According to Teng, every builder, developer, and user plays a ...
TriFi integrates TradFi, CeFi, and DeFi for seamless financial systems, Richard Teng notes
Richard Teng, CEO at Binance, describes TriFi as the combination of TradFi, CeFi, and DeFi working together. Teng states this integration aims to create a seamless and continuously operational ...
Richard Teng: API keys can expose full account access if not secured
Richard Teng, CEO at Binance, cautions users about the risks associated with API keys granting full account access without triggering login alerts. Teng shares a checklist for secure API key ...
