{"id":50810,"date":"2023-05-29T14:49:20","date_gmt":"2023-05-29T18:49:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=50810"},"modified":"2023-05-29T14:49:23","modified_gmt":"2023-05-29T18:49:23","slug":"binance-appoints-new-head-for-international-market-expansion","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/binance-appoints-new-head-for-international-market-expansion\/","title":{"rendered":"Binance Appoints New Head For International Market Expansion"},"content":{"rendered":"\n<p>Binance appoints Richard Teng to head international markets, excluding the US, driving global expansion and compliance in<a href=\"https:\/\/coinscreed.com\/staging\/abu-dhabi-global-market-proposes-legal-framework-for-dlt-foundations.html\" target=\"_blank\" rel=\"noreferrer noopener\"> Global Markets<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2-1024x684.jpg\" alt=\"\" class=\"wp-image-50823\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2-1024x684.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2-300x200.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2-768x513.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2-750x501.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2-1140x761.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Binance Appoints New Head For International Market Expansion<\/figcaption><\/figure>\n\n\n\n<p>This promotion expands his prior responsibilities as the leader of Asia, Europe, the Middle East, and North Africa. Teng joined Binance in August 2021 as the Singapore Regional CEO and has since rapidly risen through the ranks during a turbulent period for the<a href=\"https:\/\/coinscreed.com\/staging\/crypto-group-asks-congress-to-pass-digital-asset-laws.html\" target=\"_blank\" rel=\"noreferrer noopener\"> Digital Assets<\/a> industry.<\/p>\n\n\n\n<p>His expanded responsibilities come when Binance and its CEO, Changpeng Zhao, are under fire from US authorities over compliance issues. <\/p>\n\n\n\n<p>Outside of the US, there has been a flurry of developments, including launching a new platform for Japanese residents after buying a local crypto firm and a joint venture in Thailand securing licenses for digital exchange. <\/p>\n\n\n\n<p>In Australia, the permit for its derivatives business has been cancelled pending a review of its local operations.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/photo-1625207897487-af5f478c1d7c.jpg\" alt=\"\" class=\"wp-image-50814\" width=\"863\" height=\"574\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/photo-1625207897487-af5f478c1d7c.jpg 1000w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/photo-1625207897487-af5f478c1d7c-300x200.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/photo-1625207897487-af5f478c1d7c-768x511.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/photo-1625207897487-af5f478c1d7c-750x499.jpg 750w\" sizes=\"(max-width: 863px) 100vw, 863px\" \/><\/figure>\n\n\n\n<p>Binance will benefit from Teng's international experience, regulatory expertise, and global connections as it navigates the complexities of the global regulatory landscape. Chia Hock Lai, the board chairperson of the Blockchain Association Singapore, approved Teng's appointment.<\/p>\n\n\n\n<p>Before joining Binance, Teng held other executive positions within the conventional financial sector. In the current regulatory environment, his knowledge and experience in regulatory compliance and <a href=\"https:\/\/www.blockchain-council.org\/blockchain\/how-blockchain-can-be-used-in-corporate-finance-bookrunning-how-it-works\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">corporate-finance<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> make him a valuable asset to Binance. <\/p>\n\n\n\n<p>Teng's rapid and consistent rise at Binance is evidence of his abilities and the company's faith in him.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance appoints Richard Teng to head international markets, excluding the US, driving global expansion and compliance in Global Markets. This promotion expands his prior responsibilities as the leader of Asia, Europe, the Middle East, and North Africa. Teng joined Binance in August 2021 as the Singapore Regional CEO and has since rapidly risen through the [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":50823,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5392,326,152,132],"class_list":["post-50810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cryptocurrency-2","tag-binance","tag-bitcoin","tag-crypto"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/05\/ADGM_Richard_Teng-1-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/50810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=50810"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/50810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/50823"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=50810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=50810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=50810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}