Teng’s strength is regulation and compliance, an area that has been Binance’s main focus over the past few years. Before heading the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), he was chief regulatory officer at the Singapore Exchange (SGX) and spent 13 years at the Monetary Authority of Singapore (MAS).
After ‘CZ’ Changpeng Zhao resigns as Binance CEO, Richard Teng looks like heir apparent
