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Nigerian officials proposed secret crypto settlement, claims Binance CEO
7.5.2024
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them
Binance Secures Full Virtual-Asset Services Provider License in Dubai
18.4.2024
The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license
Binance CEO Discusses Company’s Plan After Settlement With US Authorities
11.4.2024
Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with U.S. authorities, including the Department of Justice (DOJ). “We have moved past that as the company move into greater maturity,” he insisted, adding that...
Binance CEO Discusses Potential Headquarters Selection from Various Jurisdictions
9.4.2024
Binance CEO Richard Teng stated that the exchange is in talks with a few different jurisdictions about selecting a new headquarters location, but has not made a choice as of publication.
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Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report
1.4.2024
Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company's entry into the Korean market.
The post Binance CEO Richard Teng Visited South Korea to Address...
Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year
19.3.2024
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment...
Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000 Fueled by ETF Inflows
18.3.2024
Binance CEO Richard Teng forecasts that Bitcoin will surpass $80,000 before the year ends. He attributed this likely increase to the growing interest from institutional investors in crypto-backed exchange-traded funds (ETFs).
The post Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000...
Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
18.3.2024
Binance's fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg
Crypto Investor Binance Splits from Venture Capital Arm
15.3.2024
Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...
Nigeria’s Financial Watchdog Summons Binance CEO Over Crime Concerns
4.3.2024
New Binance CEO Richard Teng must appear before Nigeria’s House of Representatives Committee on Financial Crimes to answer questions about his company’s lax KYC and AML policies, which may have played a part in terrorism financing and money laundering. Committee Chairman Ginger Onwusibe...
Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation
3.2.2024
After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $4.2 million” of the compromised assets. Teng elaborated that Binance is committed...
Is Binance CEO Richard Teng Changing the Industry’s Messianic Narrative + More News
3.1.2024
Richard Teng. Source: a video screenshot, Bloomberg Television / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Is Binance CEO Richard Teng Changing the Industry’s Messianic...
Binance Successfully Completes SOC 2 Type II Compliance Audit
20.12.2023
Source: DALL·E Binance has completed a comprehensive SOC 2 Type II compliance audit, aiming to further enhance cryptocurrency security. The crypto exchange Binance announced in a blog post that it had successfully undergone the System and Organization Controls (SOC) 2 Type II compliance audit. This...
Taipei Blockchain Week Opens with Vitalik Buterin, Binance’s Richard Teng
14.12.2023
Taipei Blockchain Week 2023 — Finance Cupcake. Photo by: Tanzeel Akhtar Taipei Blockchain Week kicked off this week with around 2,000 people from the crypto community gathering on Thursday to hear industry players discuss blockchain trends ranging from Llayer 1’s role in Web3’s...
BNB and The Sandbox Investors Pivot to Rebel Satoshi – Here’s Why
13.12.2023
TLDR Rebel Satoshi ($RBLZ) enters the crypto space with new innovations and fantastic growth potential. Experts predict BNB could rise to $270 soon despite the current market downtrend. The Sandbox’s (SAND) collaboration with Gucci may cause SAND’s price to reach $0.5500. Richard Teng...
New Binance CEO Richard Teng Addresses Compliance Issues in First Interview
6.12.2023
Image Source: Binance Richard Teng, the newly appointed CEO of Binance, has faced a challenging debut during his first public interview. In an interview at the Financial Times’ Crypto and Digital Assets Summit in London, the crypto boss acknowledged that Binance’s compliance systems...
New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto
5.12.2023
In his first public interview since getting the job last month after founder Changpeng "CZ" Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who...
Richard Teng Says Binance Has Changed Following Record-Breaking Compliance Settlement
5.12.2023
Binance CEO Richard Teng says the company has fundamentally changed following a massive $4.3 billion settlement over compliance issues. Image by Koukichi Takahashi, Adobe Stock. On Tuesday, new Binance CEO Richard Teng stated in an interview with Cointelegraph that Binance is now “totally...
Richard Teng: Steering Binance in a New Era of Compliance
4.12.2023
With Binance founder Changpeng "CZ" Zhao gone, the new CEO has big shoes to fill as he's tasked with cleaning up the reputation of the world's largest crypto exchange
Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD
29.11.2023
Binance ends BUSD support and transitions to FDUSD stablecoin after regulatory troubles. Image by maurice norbert, Adobe Stock. Major cryptocurrency exchange Binance announced today in a blog post that it will end support for its Binance USD (BUSD) stablecoin on December 15. The move comes after...