![]() ![]() He also spent seven years as the chief regulatory officer of the Singapore exchange and 13 years with the Money Authority of Singapore, according to his Linkedin profile.Teng spent six years at the Financial Services Regulatory Authority at Abu Dhabi Global Market as its head. 22, 2021 /PRNewswire/ - Binance Singapore, the leading fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), today announced.The platform provides SGD deposit and withdrawal functionality via Xfers Direct, according to a press release on Monday. Binance Asia Services Ltd., which recently withdrew an application to offer cryptocurrency services in Singapore, didn’t meet the central bank’s criteria for safeguarding against money. Binance Singapore offers Singapore citizens and residents trading pairs for bitcoin, ether and Binance coin.The move can be viewed as an opportunity to get ahead of the regulatory curve which has been a cause of consternation for the exchange in recent weeks.Joining the company as the Singapore CEO in August 2021, Tengs exceptional trajectory has led to his expanded. ![]() ![]() Teng had reportedly been in talks with the exchange’s Singapore subsidiary business to join as early as last week, CoinDesk reported. The US Securities and Exchange Commission (SEC) filed 13 charges against Binance, the worlds largest centralized cryptocurrency exchange platform by trading volume, and. Richard Teng Poised For Binance Chiefdom. ![]()
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