Richard Teng was appointed Binance’s regional head of Middle East and north Africa (MENA) in December 2021, just months after being announced as the crypto exchange’s CEO in Singapore. He previously served as the CEO of UAE-based freezone Abu Dhabi Global Market (ADGM), which has one of the most sophisticated regulatory regimes for virtual assets in the Middle East.
Q: Arguably 2022 has gone down as an ‘annus horribilis’ for crypto, with prices falling and the implosion of big names including Celsius, Three Arrows Capital and FTX. What is the outlook for the coming year?
