SINGAPORE, Aug. 22, 2021 /PRNewswire/ — Binance Singapore, the leading fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), today announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as Chief Executive Officer (CEO).

Mr. Teng played a pivotal role in enabling ADGM to gain international recognition by global regulators and industry bodies, with a Forbes article labelling him as “one of the world’s foremost innovative regulators“. Under his leadership, ADGM grew from being a newly established financial centre to having nearly 2,700 registered licenses in issue and more than 150 approved financial institutions in less than five years.

Prior to joining ADGM, Mr. Teng was the Chief Regulatory Officer of the Singapore Exchange (SGX). He led the regulation group responsible for policy, framework and rule formulation in the…

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