Richard Teng Takes Charge of Binance’s Worldwide Regional Markets

• Richard Teng has been appointed to lead regional markets for Binance, excluding the US.
• Teng displayed a rapid rise within Binance during a turbulent period in the digital assets industry.
• Binance faces significant developments in Japan and Thailand but faces setbacks in Australia.

As of Monday, Richard Teng has assumed a new position in Binance that extends beyond his previous responsibilities overseeing Asia, Europe, the Middle East, and North Africa, as stated by a spokesperson from the company.

Bloomberg reported that Binance has appointed Teng to lead its regional markets worldwide, excluding the United States. This promotion demonstrates the rapid and consistent rise of the executive, who became part of the largest cryptocurrency exchange globally less than two years ago.

Binance taps Richard Teng to head all its regional markets outside of the US https://t.co/dVwdYnvNgL

— Bloomberg (@business) May 29, 2023

Teng initially joined Binance in August 2021 as the Chief Executive Officer of Singapore and has swiftly advanced within the organization during a period of significant turbulence in the digital assets industry. His increased scope of responsibiliti…

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