Richard Teng News
12.03 / 16:03
Blockchain
Binance
Digital
CEO
economy
Crypto exchange Binance gets $2 billion investment from Abu Dhabi's MGX
MGX has invested $2 billion worth of cryptocurrency into Binance, in what the world's largest cryptocurrency exchange said on Wednesday was its first institutional investment. Binance and MGX said in statements posted on their website that the investment was made in stablecoin — a type of cryptocurrency pegged to a fiat currency such as the dollar. A spokesperson for Binance declined to comment on which stablecoin the payment was made in.
05.12 / 13:05
markets
Digital
SEC
security
Election
Trade
Bitcoin
Bitcoin breaks through $100,000 milestone on Donald Trump’s pro-crypto pick for SEC
President-elect Donald Trump’s pick of a crypto proponent to be the next head of the United States securities regulator lifted Bitcoin to US$100,000 for the first time as traders warmed to the prospect of relaxed regulations.
16.09 / 14:43
Blockchain
Digital
Progressive
security
Coindesk
Bitcoin
cover
Crypto Exchange Bybit Obtains Provisional Approval From Dubai’s Regulator VARA
Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.
09.09 / 16:06
03.09 / 19:52
Binance
show
cover
reports
shock
Courts
Videos
“I’m Not Okay:” Shocking Video Shows Detained Binance Executive Tigran Gambaryan Break Down At Trial
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
03.09 / 15:51
Blockchain
Binance
CEO
coinbase
Pool
Sustainability
Trade
Richard Teng Wants ‘Binance 2.0’ to be Compliance Focused: KBW2024
Binance CEO Richard Teng discussed key commitments including prioritizing users, supporting global regulatory frameworks, and partnering with global entities.
03.09 / 01:07
02.09 / 10:34
markets
Blockchain
Binance
CEO
Gap
country
reports
Binance CEO Richard Teng Plans to Bridge Gap for Korean Startups Expanding Overseas
Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.
30.08 / 17:46
Binance
Digital
CEO
love
cover
reports
Courts
Binance CEO Richard Teng “Deeply Concerned” About Detained Exec Tigran Gambaryan Amid Worsening Health
Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.
22.08 / 11:38
UPS
Binance
SEC
Platform
security
Trade
Largest crypto platform compliance costs top $200M
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.
22.08 / 06:38
UPS
Provident
Binance
CEO
Strategy
reports
Interviews
Binance Set to Recruit 1,000 New Hires, Majority for Compliance Roles
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
22.08 / 04:28
UPS
Binance
SEC
Platform
security
Trade
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. Chief executive officer Richard Teng, who is visiting the US to talk to monitors and officials, outlined the employment goals for the world’s largest crypto trading platform in an interview with Bloomberg News in New York on Wednesday. “I’ve been a regulator all my life,” Teng said. “Government agencies are important.” He declined to say whether he has met with the securities and exchange commission during his trip. The SEC is suing Binance and wasn’t part of the US settlement.
15.08 / 08:49
markets
Binance
Digital
Mobile
Trade
country
Binance registers with FIU-IND, pays Rs 18.8 crore fine to restart operations in India
Binance has registered with India’s virtual digital asset (VDA) monitoring agency FIU-IND after paying a penalty of Rs 18.82 crore, lifting a seven-month ban on its website and mobile application in India. Binance registration with the Financial Intelligence Unit (FIU-IND) marks its 19th global regulatory milestone, the company said in a statement on Thursday. “Recognising the vitality and potential of the Indian VDA market, this alignment with Indian regulations allows us to tailor our services for Indian users,” said Richard Teng, chief executive of Binance. “It is a privilege to extend the reach of our cutting-edge platform to this thriving market, supporting India’s continued VDA evolution.”
07.08 / 05:50
Binance
Crypto Trading
Binance Records Net Inflow of $1.2B in 24 Hours Amid Market Volatility
As Bitcoin declined sharply touching $49,000 on Monday, this in turn triggered a huge sell-off in markets.
13.07 / 09:17
Blockchain
Ripple
CEO
innovations
Features
Headlines
Korea Blockchain Week Names Sui the Official Conference Partner, Announces New Headline Speakers
Aptos Foundation and Tron are the Title sponsors while Orbs, Flare Network, and Ripple have been named Gold sponsors
23.06 / 10:25
Target
Binance
Action
security
Actor
Investigations
Binance Halts $5 Million in Funds Linked to Turkish Exchange’s $54 Million Cyberattack
Binance, the world’s largest cryptocurrency exchange, has taken action to halt funds linked to a major cyberattack on Turkish exchange BtcTurk.
07.06 / 07:01
Binance
Man
Action
country
Department
Courts
Ex-Prosecutors Join Push for White House Support in Binance Exec’s Nigeria Detention Case
Over 100 former US law enforcement officials penned a letter to Secretary Blinken, calling on the State Department to take stronger action to free Tigran Gambaryan, a Binance executive detained in Nigeria.
17.05 / 20:19
Binance
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
Tigran Gambaryan, the Binance executive detained in Nigeria, was denied bail on his 40th birthday, according to a court hearing in Abuja on Friday.
09.05 / 06:17
Binance
CEO
IOTA
information
reports
Investigations
Nigeria Pushes Back Against Binance, Claims CEO’s Bribe Allegation ‘Lacks Any Iota of Substance’
Nigeria has fired back at Binance Holdings’ bribe accusation, claiming it’s a distraction to shift focus away from the exchange’s actions.
07.05 / 17:53
Binance
Binance CEO Claims Nigeria Demanded Secret Settlement From Now Detained Binance Executive In January
Now detained Binance executive Tigran Gambaryan and representatives of the crypto exchange were allegedly pressured by a government official to accept a secret agreement to settle Nigeria’s claims against the exchange, Binance CEO Richard Teng revealed in a blog post on Tuesday.
07.05 / 13:39
Binance
Platform
security
Trade
Justice
reports
Courts
Binance suggests bribe sought to make Nigeria problems 'go away'
Binance Holdings Ltd. said it was asked for a large payment in Nigeria to make problems there “go away,” and repeated calls for the release of its employee who’s been jailed in the West African nation.
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