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Binance, the global cryptocurrency exchange, has hired two compliance executives from Crypto.com as it moves to strengthen its regulatory response and compliance organization.
CryptoBriefing reported on August 25 that Binance recently recruited the two executives from Crypto.com. Their identities and specific roles were not disclosed.
Binance has been reorganizing its compliance division following a series of departures in the unit. The effort comes as the exchange faces years of pressure from regulators around the world.
The hires add to Binance’s compliance ranks and could strengthen its ability to respond to regulators globally.
