Binance's Richard Teng denies FTX comparisons: 'We welcome the scrutiny'

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Binance's Richard Teng denies FTX comparisons: 'We welcome the scrutiny'
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Binance regional markets head Richard Teng says the exchange continues to welcome regulatory and media scrutiny in different jurisdictions.

. Teng said that exchange’s stellar growth in the space of six years continues to leave it in the spotlight:

Teng said that Binance has not yet made a decision regarding its franchise that serves the Russian market, while maintaining that the company continues to adhere to international norms and standards in regards to sanctioned entities and individuals: Meanwhile maturing regulatory frameworks in various jurisdictions is also being welcomed by the global exchange. Teng said that theregulation could benefit exchanges universally by creating standardized rules for the industry:

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