Binance CEO Richard Teng said he enjoyed meeting members of the crypto community during the first day of the Token 2049 conference in Singapore. Teng shared his statement in a Sept. 18 post on X.
"Had a great time meeting the global crypto community today," said Teng. "Took many pictures too. Looking forward to meeting everyone again tomorrow."
According to Blockhead, Teng participated in a fireside chat with Decentralized AI Society's chairman Michael Casey during the first day of the conference. During the discussion, Teng expressed optimism about the future of artificial intelligence (AI) and blockchain, despite challenges faced by the Web3 industry in recent years. "AI, together with blockchain will form the architecture of many industries going forward," Teng said, naming industries such as finance and supply chain management.
Teng also conveyed optimism about growing crypto adoption, particularly in developing areas of the world, and crypto's potential to expand financial inclusion and access. He mentioned that Binance will continue collaborating with regulators globally to foster adoption, noting that the company recently became licensed in India and Indonesia. "The speed at which people are embracing digital assets is truly remarkable," Teng said.
According to the event's website, more than 20,000 attendees are participating in this year's Token 2049 conference, representing more than 7,000 companies and over 150 countries. The conference features speakers, panel discussions, workshops, and product launches.
In addition to Teng, featured speakers at the conference include Solana Co-founder Anatoly Yakovenko, Ethereum Co-founder Vitalik Buterin, F1 Driver Max Verstappen, Maelstrom CIO Arthur Hayes, Schelling AI Founder Emad Mostaque, and Circle CEO Jeremy Allaire.
Before joining Binance in August 2021, Teng served as CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), chief regulatory officer of the Singapore Exchange (SGX), and director of corporate finance at the Monetary Authority of Singapore.