Binance continues push to become regulated crypto exchange with new hire

[Dociko]

Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators. Crypto exchange giant Binance has hired Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer.

According to an announcement issued on Thursday, Binance stated that McGinness will contribute to the company’s push towards better relations with regulatory bodies across the globe.
Source: Cointelegraph

[Dark Knight]

Binance is one of the most popular coins today with its ever-increasing value.The former DFSA executive has also held advisory positions at the International Monetary Fund.
In a conversation with Cointelegraph, McGinness stated that he plans to leverage the experiences gained and relationships cultivated during the course of his career to improving Binance’s standing with regulators. Many investors are now interested in investing in tokens on this platform.