Binance.US plans to restore USD services in early 2025 — Interim CEO
[Dec 19 10:15 AM] Binance CEO Richard Teng recently said it was “premature” to discuss the exchange’s return to the US.
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Binance boss Richard Teng says re-entering US market a ‘premature discussion’
[Dec 10 2:57 AM] The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market.
Binance Reveals Strategy to Introduce Crypto to the Next Billion Users
[Nov 4 1:30 PM] Binance CEO Richard Teng has revealed the strategy the exchange will follow to regain its growth trajectory. Teng stated that the real objective is to attract outsiders to crypto, downplaying the recent decline of Binance in the exchange market…
Binance transition: Examining the internal overhaul since CZ’s arrest
[Sep 27 6:39 PM] Following the indictment of its CEO, Changpeng Zhao, Binance now says compliance is at the top of its agenda.
Binance continues to serve Russian users despite 2023 exit
[Sep 26 7:58 AM] A spokesperson confirmed that Binance continues to serve a “limited number of existing Russian users” a year after announcing its full exit from Russia.
Binance CEO says task force is working ‘across the clock’ to free exec in Nigeria
[Sep 19 5:49 AM] Binance CEO Richard Teng said the company has continued to explore every legal and political avenue to bring Gambaryan home as his health deteriorates by the day.
Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
[Sep 10 12:30 AM] Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a…
Binance Kazakhstan Receives Formal Consent for Regulatory License
[Sep 7 1:30 AM] Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The…
Binance CEO says CZ is banned from managing or operating the exchange
[Sep 5 7:36 PM] A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from “any present or future involvement in operating or managing” Binance.
Binance CEO calls Gambaryan’s treatment ‘inhuman’ as disturbing new video emerges
[Sep 3 9:04 AM] Gambaryan’s next hearing is set for Sept. 4, where the judge will consider the executive’s latest motion for bail.
Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds
[Aug 30 12:30 AM] The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external…
Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians' Funds
[Aug 28 3:56 PM] The crypto exchange complies with anti-money laundering legislation, he said.
Calls to release Binance exec intensify after 6 months in Nigerian detention
[Aug 27 4:27 PM] Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
[Aug 24 5:30 AM] Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid…
20% of Binance’s new hires this year will be in compliance, says CEO
[Aug 22 5:35 AM] The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
'Get Him Home': Binance CEO Urges Nigerian Government to Free Detained Exec
[Aug 21 8:26 PM] Tigran Gambaryan, a U.S. citizen who works for Binance, has been held in Nigeria since February.
New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange
[Aug 21 8:01 PM] Richard Teng, who replaced founder Changpeng "CZ" Zhao in November, is playing the long game.
Binance Goes Live in India: Full Access for Indian Users
Binance CEO: Recent Market Declines Are Not a Long-Term Negative Trend
[Aug 8 12:30 AM] Binance CEO Richard Teng has addressed the recent declines in cryptocurrency and equity prices, attributing them to macroeconomic factors and advising against viewing them as long-term negative trends. He highlighted potential Federal Reserve rate…
Binance saw $1.2B of inflows in one of biggest trading days of 2024, says CEO
[Aug 7 2:50 AM] ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours.
Crypto Market Volatility Fuels $1.2B Inflows at Binance
[Aug 6 6:10 PM] On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading…
Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO
[Jul 19 2:13 AM] Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time.
Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals
[Jul 12 3:30 PM] Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and…
Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong
[Jul 10 5:16 PM] Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng…
Binance CEO Shares Key Tips for Investors Getting Into Crypto
Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds'
[Jun 22 8:38 PM] Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.
Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto
Nigeria’s foreign investment at risk due to Binance bribery allegations
[May 12 2:22 AM] SBM Intelligence emphasized that detaining foreign business officials could make it challenging for the country to attract investors.
Nigerian stakeholders demand Binance reveal identity of bribery official
[May 8 6:13 AM] SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing.
Nigerian officials proposed secret crypto settlement, claims Binance CEO
[May 7 3:33 AM] Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them.