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Cryptoknowmics 2022-04-22 07:25:44

Binance Hires Former FINRA Regulator for Compliance Role

Binance, the world’s leading cryptocurrency exchange by trading volume, announced that it appointed Steven McWhirter as its new Director of Regulatory Policy. Prior to joining Binance, Steven spent over nine years at the FCA, where he was most recently the Strategy and Engagement Manager in the Data, Technology, and Innovation Division. He also worked in compliance at the U.K.’s Gambling Commission. “Leading Binance’s regulatory policy team will allow me to leverage my experience as a former conduct regulator to create a sustainable crypto ecosystem with consumer protection and market integrity at its heart,” Steven said. During his time at the FCA, Steven was a policy subject matter expert and participated in multiple policy working groups focused on the UK, EU, and other countries, including the FCA’s crypto guidance. He also supported innovation in financial services by managing the Secretariat of the Global Financial Innovation Network (GFIN), a network of over 75 regulators globally. The announcement comes as a part of ongoing efforts by Binance to grow and strengthen its global compliance leadership and team.The post Binance Hires Former FINRA Regulator for Compliance Role first appeared on Cryptoknowmics-Crypto News and Media Platform.The post Binance Hires Former FINRA Regulator for Compliance Role appeared first on Cryptoknowmics-Crypto News and Media Platform.

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