Binance, the world's largest cryptocurrency exchange, has appointed Richard Teng to head its regional markets outside of the United States. Teng, who is already heading regions like Asia, Europe, and the Middle East, will begin his new role on Monday. The appointment comes at a time when Binance has been facing scrutiny from U.S. regulators over compliance issues and has withdrawn from Canada due to tight regulations for crypto asset trading platforms. Before joining Binance, Teng held positions in various financial institutions such as Singapore Exchange Ltd, Monetary Authority of Singapore, and Abu Dhabi Global Market.