Binance.US hires ex-Uber lawyer Krishna Juvvadi as legal head

Binance.US, the American division of cryptocurrency exchange Binance, has appointed Krishna Juvvadi, the former head of global operations compliance at ride hailing app Uber (NYSE:UBER), as vice president, head of legal, according to a blog post Thursday. Juvvadi was the first regulatory lawyer at Uber (UBER) and previously served as its chief regulatory counsel, where he designed Uber’s global regulatory strategy. In his new role, Juvvadi, who reports to Binance.US General Counsel Norman Reed, oversees day-to-day operations of the company's legal department, helping further its efforts to become more compliant with U.S. regulations, the blog read. “Krishna is a skilled legal practitioner whose experience shaping and implementing the regulatory strategy of Uber translates extremely well to our similarly nascent, fast-growing business and industry,” Binance.US CEO Brian Shroder said in a statement. The move comes shortly after Binance said it's looking to hire more than 30 lawyers in an effort to strengthen its