Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Former New York Fed Executive Joins Binance.US Board of Directors
ADOPTION NEWS

Former New York Fed Executive Joins Binance.US Board of Directors

By Crypto FlexsApril 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Former New York Fed Executive Joins Binance.US Board of Directors
Share
Facebook Twitter LinkedIn Pinterest Email

Cryptocurrency exchange Binance.US on Tuesday appointed former New York Federal Reserve executive Martin Grant to the board of BAM Management US Holdings to oversee the company’s financial reporting process. It was announced that internal control would be supervised.

Grant is the former Chief Compliance and Ethics Officer at the New York Federal Reserve and has over 30 years of regulatory, legal and compliance experience in the government and digital asset industries. Grant currently serves as Head of Global Regulatory Affairs at JST Digital, a financial services company.

“Martin is a world-class legal and ethics regulator with unparalleled experience establishing best practices in compliance, conduct and governance at the highest levels of government and financial services,” Norman Reed, Interim CEO of Binance.US, said in a statement. “I’m a compliance officer,” he said. “The addition of Martin’s distinguished director to the Binance.US board reflects the strength of our business and demonstrates our commitment to maintaining the highest standards of compliance and integrity.”

At the New York Federal Reserve, Grant participated in programs related to anti-money laundering, sanctions enforcement, risk assessment, data privacy, third-party due diligence, records management, exchange compliance, and ethics and conduct.

“I am honored to join the Binance.US Board of Directors and become part of an organization built from the ground up to connect Americans to the digital asset industry in a secure, responsible and compliant manner,” Grant said in a statement. . “The U.S. digital asset industry is at an inflection point, and I’m excited to help guide the future of one of the most influential and customer-centric cryptocurrency platforms in the country.”

2023 will be tough for Binance.US

Binance.US has reduced its headcount after the Securities and Exchange Commission filed a lawsuit against the company in June 2023. The company also scaled back its business as customers could no longer use U.S. dollars to purchase cryptocurrencies on the platform.

In September 2023, the company laid off a third of its remaining employees, and Binance.US President and CEO Brian Shroder also left the company due to uncertainty and declining business.

Market depth has since decreased dramatically, damaging the exchange’s overall efficiency and attractiveness, and its shrinking market share has further damaged its reputation and ability to attract users.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Cardano and Solana’s price predictions fall short of BlockDAG’s $600 million ambition!

February 14, 2024

5 Promising Altcoins to Watch in 2025

September 19, 2024

Spot Ethereum (ETH) exchange-traded fund (ETF) still has less than 50% chance of approval in May: JPMorgan

April 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.