Binance has hired Richard Teng, the former CEO of Abu Dhabi's financial watchdog, to head the exchange's operations in Singapore, the company said in a press release on Monday.
- Teng had reportedly been in talks with the exchange's Singapore subsidiary business to join as early as last week, CoinDesk reported.
- Teng spent six years at the Financial Services Regulatory Authority at Abu Dhabi Global Market as its head.
- 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.
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