Binance Appoints New Compliance Officer Amid Regulatory Issues

The specifics of this role will certainly involve congressional lobbying efforts as allegations mount.

Binance, one of the largest cryptocurrency exchanges in the world, is shifting its management amid ongoing regulatory clashes. Providing the company insight in the field, Binance has hired Kristen Hecht as its new deputy chief compliance officer and global money laundering reporting officer. Hecht holds a whopping 8 months of expansive experience as Binance’s global head of corporate compliance and priorly served as the chief compliance officer of Meta’s Novi Financial. Furthermore, her eight years’ experience in the treasury department of the US government, accompanied with the eager Congressional Members, could play a key part in alleviating Binance from its threats.

Robert Wilson author
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