Richard Teng

Binance CEO Richard Teng on Monday said the United States is “firmly back in the driver's seat” to lead the global crypto industry, following a major regulatory development that saw U.S. authorities drop a lawsuit against the crypto exchange and its founder Changpeng Zhao. What Happened...

The week was a rollercoaster ride in the world of cryptocurrency. From a trader’s devastating $5 million loss in meme coins to the nearing conclusion of the Ripple-SEC lawsuit, the crypto space was buzzing with activity. The introduction of the Bitcoin Act of 2025 in the House of...

Binance CEO Richard Teng on Thursday expressed optimism that the pro-cryptocurrency policies introduced by U.S. President Donald Trump will inspire a wave of similar regulatory shifts worldwide. What Happened: Speaking at the CONVERGE LIVE event in Singapore on Thursday, Teng highlighted a dramatic...

Binance CEO Richard Teng on Monday expressed strong optimism for the future of the cryptocurrency industry, predicting that 2025 will surpass the growth and adoption seen in 2024. Teng's comments come amid growing institutional interest and regulatory clarity, which he believes are setting the...

The Nigerian government has officially withdrawn all money laundering charges against Binance executive Tigran Gambaryan, who had been held in detention since April. What Happened: The decision was revealed by a lawyer representing the Economic and Financial Crimes Commission (EFCC) during a...

Binance CEO Richard Teng on Tuesday called for the release of Tigran Gambaryan, head of the Financial Crime Compliance team at the crypto exchange, who has been detained in Nigeria since February. What Happened: Teng’s demand highlights escalating tensions between the Nigerian government and...

The crypto world was rocked when Changpeng Zhao, the enigmatic founder and CEO of Binance (CRYPTO: BNB), the world’s largest cryptocurrency exchange, was sentenced to four months in prison for his role in failing to establish an effective anti-money laundering (AML) program at the...

Binance, the world’s largest cryptocurrency exchange by trading volume, is making a concerted effort to shed its past reputation and embrace regulatory compliance. What Happened: Speaking at the Paris Blockchain Week on Tuesday, Binance CEO Richard Teng reflected on the company’s...

In the wake of a $4.3 billion settlement with the U.S. Department of Justice (DOJ), Binance‘s recently appointed CEO, Richard Teng, has declared the company’s evolution past its previous cultural issues. What Happened: Previously, the DOJ had criticized Binance for its “act first...

The sentencing of Changpeng “CZ” Zhao, the co-founder of cryptocurrency exchange Binance, has been reportedly postponed. What Happened: Zhao’s sentencing, has been delayed by U.S. prosecutors to April 30, reported CNBC, citing a notice on Monday in Seattle federal court. Zhao was...

Binance CEO Richard Teng on Friday announced the crypto exchange froze $4.2 million in XRP (CRYPTO: XRP) tokens linked to the recent $120 million security breach. Teng said on X, formerly known as Twitter, that XRP Ledger's developers, responsible for maintaining the...

In September, during a conference in Singapore, key traders of Binance (CRYPTO: BNB) were briefed about the company's impending settlement with U.S. authorities. The message was clear at a luxurious private dinner hosted by Binance in Singapore: the world's largest crypto exchange...

The Philippines' Securities and Exchange Commission (SEC) has initiated steps to restrict access to Binance. The latest advisory follows recent legal developments involving the crypto exchange's former CEO, Changpeng Zhao. The Philippine's SEC warned the public that Binance is not...

Coinbase’s director J Conor Grogan, on Wednesday said Binance has the necessary financial resources to settle with the US Department of Justice (DOJ) without liquidating its cryptocurrency holdings.  What Happened: Analyzing Binance Corporate’s Proof of Reserves, Grogan pointed out...

Former Binance (CRYPTO: BNB) CEO Changpeng Zhao recently shared his personal reflections and future outlook following his legal entanglements.  Zhao said he was dealing "with some pain," but would "survive." He encouraged Binance employees to "continue performing...