The Latest Breaking News from Richard Teng

The crypto community on X is raging over a video that showed a Nigerian prison guard rejecting Binance compliance officer Tigran Gambaryan's request for assistance while walking on a crutch on his way to trial.

Binance Holdings Ltd is hiring 1,000 people this year with many earmarked for compliance roles as the crypto exchange’s annual spending to meet regulatory requirements, including US oversight under a plea deal, tops $200 million.

U.S. spot Bitcoin ETFs have reawakened their positive inflows vibe as they brought in a collective $295 million Monday following some two weeks of mostly negative net flows. The purchases were made when the German government was dumping its Bitcoins hard and prices were down.

Nigeria has denied claims that jailed Binance compliance chief Tigran Gambaryan wasn't provided access to quality healthcare after two U.S. representatives visited the former IRS agent in a Nigerian prison.

Binance CEO Richard Teng said the digital assets giant's recent achievement is not just the exchange's victory, but also a win for the broader crypto industry that has now reached a pivotal stage of growth.

Tigran Gambaryan, Binance's compliance chief, has been denied bail following nearly three months of being under Nigerian custody.

Binance scored a win in its bid to expand its global footprint as it has been granted a VASP license by Dubai despite the crypto exchange giant's legal woes in the U.S. and Nigeria.

The new CEO of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws and it paid $4.3 billion to settle charges.

Binance has urged users to withdraw, trade, or convert their NGN balances by Friday following the reported detainment of two of the exchange's senior executives and allegations of "suspicious flows" on the exchange.

A Nigerian House committee has summoned Binance's CEO with an ultimatum to appear before the panel on or before Monday after he allegedly refused to make an appearance in earlier invitations.

Binance filed the application for an operating license with Abu Dhabi Global Market last November. The exchange withdrew it on Nov. 7.