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The new head of cryptocurrency exchange Binance, Richard Teng, must find a way to ensure that the world’s largest cryptocurrency exchange can remain competitive as it navigates both crippling financial sanctions and US government oversight. According to Fortune, the new Binance CEO says the exchange is at a stage in its
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Amid ongoing confusion, uncertainty and rumors around the recent departure of Changpeng “CZ” Zhao as Binance CEO, his replacement, the new Binance CEO Richard Teng, took to X (formerly Twitter) to attempt to boost investor confidence.Soon after CZ announced he was stepping down, Binance critics on X shared their opinions
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Binance has named its head of regional markets outside of the United States, Richard Teng, as its new CEO. The change comes as founder and former CEO Changpeng “CZ” Zhao has resigned and pleaded guilty to charges levied against him by the U.S. Department of Justice. Today, I stepped down as
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Teng's strength is regulation and compliance, an area that has been a primary focus for Binance for the last couple of years. Before heading up the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), he was chief regulatory officer of the Singapore Exchange (SGX) and spent 13 years
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Robert Kiyosaki, the acclaimed author of ‘Rich Dad Poor Dad,’ recently shared his positive sentiments about cryptocurrencies as the future of money. Bitcoin, the author says, could reach $120,000 next year and warns of a potential economic crisis, urging investors to consider digital currencies as a haven. Kiyosaki predicts grim fate for
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Binance regional markets head Richard Teng insists that the global cryptocurrency exchange is financially secure and in no way similar to bankrupt peer FTX despite recent regulatory scrutiny and regional challenges. Speaking exclusively to Magazine editor Andrew Fenton in Singapore ahead of the 2023 Token2049 conference, Teng addressed a variety
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Maybe the SEC can finally convince Hex and PulseChain devotees that they’ve been cheated. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Richard Schueler, popularly known as Richard Heart, is facing a lawsuit alleging he raised over $1 billion in unregistered securities offerings across three projects and used investor funds for personal expenses. The internet personality Richard Schueler, often
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The U.S. Securities and Exchange Commission (SEC) sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, alleging he raised over $1 billion across three different unregistered securities offerings. Source
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Binance head of regional markets outside the US Richard Teng is rumored to be the chosen successor if CEO Zhao relinquishes his position. Reports about a Binance CEO successor are starting to fill the grapevine following the crypto exchange’s regulatory problems. Although there is no official word from Binance or current
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