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The Latest Breaking News from Richard Teng

Senator opens inquiry into Binance over allegations it fired investigators who flagged that more than $1 billion flowed to Iranian entities

The probe comes after a Fortune investigation raised questions about the crypto firm’s compliance program.

Fortune

Top Abu Dhabi finance summit exposes personal data, passport info of hundreds of major global figures

Around 700 attendees had their passports and ID card scans leaked, but it appears the leak was plugged on time.

TechRadar

Who Is Yi He? Crypto World Reacts as CZ's Life Partner Becomes Binance CEO

Yi He becomes Binance co-CEO, sparking global attention as CZ's life partner steps into a powerful leadership role.

International Business Times UK

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Binance has been proudly nomadic for years. A new announcement suggests it has finally chosen a headquarters

Co-CEO Richard Teng said Abu Dhabi is where Binance’s “global platform will be regulated.”

Fortune

Binance Co-Founder Yi He Becomes Co-CEO After Trump's Changpeng Zhao Pardon Clears Way For Expansion

Binance on Wednesday named co-founder Yi He as co-chief executive officer after the exchange moved to stabilize leadership following Changpeng Zhao's departure.

Benzinga

Binance names cofounder Yi He as new co-CEO

Yi He has worked in crypto since the early days of the industry, and becomes one of only a handful of women to lead a crypto firm.

Fortune

How Binance’s Yi He became ‘the most powerful woman in crypto’—and steered the company past its biggest ordeal

In 2023, Yi He had to face down an enormous business challenge at Binance—one that was very personal as well.

Fortune

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Binance is helping governments establish crypto regulations and national Bitcoin reserves

Binance has been asked by “quite a lot” of countries to help develop regulatory frameworks for crypto.

Fortune

How Trump's Crypto Reserve is Reshaping Institutional Investments

Bitcoin's price has surged nearly 1,500% since March 2020, and 47% of traditional hedge funds are now holding cryptocurrency—a significant rise from 29% in 2023.

International Business Times

Binance nets biggest ever crypto investment as UAE-backed MGX puts in $2 billion

The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.

Fortune

Binance Commits to Financial Inclusion by Reducing Remittance Costs by $1.75 Billion Since 2022

Binance found that in 2024, more than 500,000 female users collectively sent upwards of $4 billion worth of domestic and international cryptocurrency remittances.

International Business Times

Crypto giants Binance and Circle team up to take on Tether

The surprise move brings together longtime rivals and could shake up the stablecoin landscape.

Fortune

Asia’s Wild West nature spurs its fintech surge—but Binance’s CEO thinks Western companies will still have an 'outsized say' in the financial system

"What is important for policymakers is to make sure that your local competitors have a fair shake," he said Tuesday at a Fortune session in Singapore's Insights Forum.

Fortune

Biden Thanks Nigerian President For Binance Exec's Release – What Role Did White House Play?

U.S. President Joe Biden thanked his Nigerian counterpart after Binance compliance chief Tigran Gambaryan was freed from Nigerian custody last week, but the question is, did the White House play a key role in the former IRS agent's laborious journey to freedom?

International Business Times

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Fortune

Big investors flock to Binance in post-CZ era, CEO says

Richard Teng touted an influx of corporate and institutional investors in the last year.

International Business Times

'I'm Not Okay!' Crypto Outrage Over Treatment Of Binance's Tigran Gambaryan In Nigeria

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.

The Times of India

Binance hiring 1,000 as compliance spending tops $200 million

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.

International Business Times

US Spot Bitcoin ETFs Regroup, Buy German Dump To Haul In Nearly $295M

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.

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International Business Times

Nigeria Denies Claims Of Poor Quality Healthcare For Binance Executive Gambaryan

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.

International Business Times

Crypto Industry Now In 'Early Majority' Phase: Binance CEO After Exchange Hits 200M Users

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.

International Business Times

Nigerian Court Denies Bail For Binance Executive Gambaryan

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

International Business Times

Dubai Hands Full Operating License To Binance, Allowing Retail And Qualified Institutional Offerings

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.

International Business Times

New Binance Chief Stresses Importance Of Compliance

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.

International Business Times

Binance Announces Halt To Naira Services Amid Nigeria's Crypto Crackdown

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.

International Business Times

Nigerian House Committee Summons Binance CEO Over Alleged 'Suspicious Flows' On 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.

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