Binance’s Most Regulated Crypto Exchange Globally: CEO Richard Teng – U.Today

Discover the most recent developments within the NFT & Web3 house. This article dives into: “Binance’s Most Regulated Crypto Exchange Globally: CEO Richard Teng – U.Today”.

Richard Teng, the chief govt of the world’s largest cryptocurrency change, Binance, who took over the put up from legendary CZ in November 2023, has revealed an necessary assertion about Binance.

He has additionally shared a few of his earlier profitable experiences with constructing regulatory compliance within the crypto house.

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Binance CEO’s necessary assertion

Richard Teng introduced that Binance is at the moment probably the most regulated change around the globe and collaborates with the authorities of assorted international locations and totally different corners of the planet.

Among these international locations are the United Arab Emirates and France, the place Binance was just lately granted regulatory licenses. Previously, Binance was banned from a number of international locations in Europe, comparable to Italy and Germany, and Singapore as properly. Eventually, its founder and former CEO, Changpeng Zhao (CZ), was compelled to step down from his main place and spend 4 months in a federal jail within the U.S. after pleading responsible to violating the native anti-cash laundering legal guidelines. Besides, Binance needed to pay a effective of 4.3 billion {dollars}.

Before @Binance, I helped construct one of many first crypto regulatory frameworks.

Today, we’re probably the most regulated change globally.

— Richard Teng (@_RichardTeng) August 22, 2025

After Richard Teng was promoted to the place of CEO as a substitute of CZ, Binance took a course of regulatory compliance in all of the jurisdictions the place it’s current.

Teng has an enormous regulatory background, together with his roles at prime monetary authorities in Singapore and Abu Dhabi.

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