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Richard Teng ushers in new regulatory era for Binance

Binance ex CEO
CZ leaves the US District Court. Photo: Getty Images

The former SGX Group CRO was appointed in November after long-term CEO Changpeng Zhao (CZ) stepped down.

When it came to light that CZ would step down and potentially face 18 months in prison, and that Binance would pay a $4.3 billion fine, Richard Teng was appointed to lead Binance into a new era.

Teng has a past in regulation, having worked for 13 years as Chief Regulatory Officer

“In