Binance.US Hires Majalya, Intel's Chief Compliance Officer.

Binance's U.S. subsidiary announced Thursday it has hired Intel's chief executive in charge of the cryptocurrency exchange venture capital manager.

According to the tweet, Sidney Majalya, a former government prosecutor against Oracle and Uber law enforcement, will join Binance.US in January. According to LinkedIn, he has worked as the chipmaker's vice president of law and compliance since August 2019.

According to a blog post, we'll be announcing this directly to Binance.US CEO Brian Schroeder starting in October.

Schroders introduced Majalya, the former managing director of the Binance.US CEO's “Risk” division, who shows that trading means market-based compliance. This could be important as US lawmakers continue to rely on the cryptocurrency market which they believe is unregulated.

Binance.US is committed to compliance, and our primary role is to manage and improve the global compliance and risk organization, and to earn the trust of our customers, investors and managers, ”Majalya said in a statement. . To say.

He did not respond to emails seeking comment. Representatives of the exchange did not immediately respond to a request for comment.