Binance US Appoints Former NY Fed Chair Amidst Regulatory Challenges
- Binance appoints former NY Fed Chief Martin Grant to the firm’s Board of Directors for BAM Management US Holdings.
- Grant boasts more than three decades of regulatory, legal, and compliance experience.
- Binance.US Interim CEO Norman Reed addresses Grant as a world-class legal and ethical compliance executive.
Binance US declared the appointment of Martin Grant, the former New York Fed Chief, to the platform’s Board of Directors for BAM Management US Holdings.
Grant served the NY Fed from 2005 to 2022 with decades of regulatory, legal, and compliance experience. He served the Fed as Chief Compliance and Ethics Officer, dealing with anti-money laundering programs, sanction enforcement, data privacy, risk assessment, etc.
Binance.US Interim CEO Norman Reed commented that Martin is a “world-class legal and ethical compliance executive with unparalleled experience instituting best practices in compliance, conduct, and governance at the highest levels of government and financial services.” Acknowledging the inclusion of Grant into the Binance team, Reed added,
“The addition of a director of Martin’s caliber to the Binance.US Board reflects the str…
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