US-based crypto exchange Binance.US has announced the addition of Martin Grant, former head of compliance and ethics at the Federal Reserve Bank of New York, to its board of directors.
Grant, who worked at the New York Fed from 1990 to 2022, will bring regulatory, legal and compliance expertise to the platform.
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Norman Reed, interim CEO of Binance.US, has expressed confidence that Grant's addition to the board will help the exchange navigate the current US regulatory landscape.
This announcement comes shortly after Binance, an independent entity, formed its own global board of directors, which is headed by Gabriel Abed, Barbados' ambassador to the United Arab Emirates.