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The Latest Breaking News from Richard Teng

Binance Commits to Financial Inclusion by Reducing Remittance Costs by $1.75 Billion Since 2022

Binance found that in 2024, more than 500,000 female users collectively sent upwards of $4 billion worth of domestic and international cryptocurrency remittances.

International Business Times

Crypto giants Binance and Circle team up to take on Tether

The surprise move brings together longtime rivals and could shake up the stablecoin landscape.

Fortune

Asia’s Wild West nature spurs its fintech surge—but Binance’s CEO thinks Western companies will still have an 'outsized say' in the financial system

"What is important for policymakers is to make sure that your local competitors have a fair shake," he said Tuesday at a Fortune session in Singapore's Insights Forum.

Fortune

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Biden Thanks Nigerian President For Binance Exec's Release – What Role Did White House Play?

U.S. President Joe Biden thanked his Nigerian counterpart after Binance compliance chief Tigran Gambaryan was freed from Nigerian custody last week, but the question is, did the White House play a key role in the former IRS agent's laborious journey to freedom?

International Business Times

Big investors flock to Binance in post-CZ era, CEO says

Richard Teng touted an influx of corporate and institutional investors in the last year.

Fortune

'I'm Not Okay!' Crypto Outrage Over Treatment Of Binance's Tigran Gambaryan In Nigeria

The crypto community on X is raging over a video that showed a Nigerian prison guard rejecting Binance compliance officer Tigran Gambaryan's request for assistance while walking on a crutch on his way to trial.

International Business Times

US Spot Bitcoin ETFs Regroup, Buy German Dump To Haul In Nearly $295M

U.S. spot Bitcoin ETFs have reawakened their positive inflows vibe as they brought in a collective $295 million Monday following some two weeks of mostly negative net flows. The purchases were made when the German government was dumping its Bitcoins hard and prices were down.

International Business Times

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Nigeria Denies Claims Of Poor Quality Healthcare For Binance Executive Gambaryan

Nigeria has denied claims that jailed Binance compliance chief Tigran Gambaryan wasn't provided access to quality healthcare after two U.S. representatives visited the former IRS agent in a Nigerian prison.

International Business Times

Crypto Industry Now In 'Early Majority' Phase: Binance CEO After Exchange Hits 200M Users

Binance CEO Richard Teng said the digital assets giant's recent achievement is not just the exchange's victory, but also a win for the broader crypto industry that has now reached a pivotal stage of growth.

International Business Times

Nigerian Court Denies Bail For Binance Executive Gambaryan

Tigran Gambaryan, Binance's compliance chief, has been denied bail following nearly three months of being under Nigerian custody.

International Business Times

Dubai Hands Full Operating License To Binance, Allowing Retail And Qualified Institutional Offerings

Binance scored a win in its bid to expand its global footprint as it has been granted a VASP license by Dubai despite the crypto exchange giant's legal woes in the U.S. and Nigeria.

International Business Times

New Binance Chief Stresses Importance Of Compliance

The new CEO of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws and it paid $4.3 billion to settle charges.

International Business Times

Binance Announces Halt To Naira Services Amid Nigeria's Crypto Crackdown

Binance has urged users to withdraw, trade, or convert their NGN balances by Friday following the reported detainment of two of the exchange's senior executives and allegations of "suspicious flows" on the exchange.

International Business Times

Nigerian House Committee Summons Binance CEO Over Alleged 'Suspicious Flows' On Exchange

A Nigerian House committee has summoned Binance's CEO with an ultimatum to appear before the panel on or before Monday after he allegedly refused to make an appearance in earlier invitations.

International Business Times

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International Business Times

Binance Re-Examines MENA Strategy, Withdraws Abu Dhabi License Application

Binance filed the application for an operating license with Abu Dhabi Global Market last November. The exchange withdrew it on Nov. 7.

International Business Times

Binance Has 'Turned The Page,' New CEO Says

Richard Teng said in his first comments after becoming CEO that Binance is stronger than ever.

Fortune

Binance’s new CEO on the post-CZ era and what comes next

Replacing a founding CEO is never easy. For incoming Binance CEO Richard Teng, the task will be even tougher than usual.

Fortune

New Binance CEO Richard Teng says firm has ‘robust timeline’ for board, financial disclosures

In his first on-the-record interview, Binance’s new CEO explained how he will guide the company in the post-CZ era.

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Fortune

Binance founder Changpeng Zhao urges judge to let him leave the U.S. before sentencing—after the DOJ scrambles to stop him

The crypto billionaire wants to await his sentencing while spending time with family in the UAE—which has no extradition treaty with the U.S.

Fortune

Binance seeking to 'demonstrate that we are a new organization' as regulatory headwinds swirl

The largest crypto exchange appears to be planning for CZ's successor.

Fortune

Is Binance three steps ahead—or in big trouble?

Binance has been in the headlines a lot this week—for reasons you can interpret as bad or good.

People

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