A chat with Binance Singapore CEO Richard Teng
Richard Teng, after clocking time at the MAS, the SGX and setting up Abu Dhabi's regulatory body, lands himself in Binance Singapore.
Singapore
FOR seven and a half years at the Singapore Exchange (SGX), Richard Teng worked closely with the Monetary Authority of Singapore (MAS) to ensure that investors were protected. He also kept watch on whether the markets were fair, efficient and transparent, and that, as far as possible, no systemic risks cropped up. As the SGX's chief regulatory officer, he was responsible for policy and framework in the areas of listing, trading and clearing as well as regulatory solutions for new products and services.
Six years on, Mr Teng is now the chief executive officer of the Singapore arm of Binance, a global cryptocurrency exchange that in the last 24 hours has facilitated close to US$30 billion in trading volume.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Working Life
London firms are letting more staff work entirely from home: survey
What is meaningful work? A philosopher’s view
Gender stereotypes mean flexi-work rules can turn into boon or burden for women
Latest victim of diversity backlash – your workplace affinity group
More adults are being diagnosed as neurodivergent. Here is how employers can help in the workplace
Guidelines on non-competes should propose compensation, target profiles and exceptions