Binance, the leading cryptocurrency exchange globally, has named Gillian Lynch as its new head for Europe and the UK, marking a strategic effort to gain regulatory approval in the region. With over 20 years of experience in fintech and banking, Lynch has held significant positions at Gemini, Bank of Ireland, and Leveris. This announcement comes amid increasing regulatory scrutiny in Europe, as Binance aims to comply with the EU’s Markets in Crypto-Assets Regulation (MiCA). Lynch will manage Binance’s regional strategy and operations, emphasizing the company's commitment to regulation, user protection, and sustainable growth. This appointment follows the departure of Jonathan Farnell, the former head of Binance UK, in May 2021. Richard Teng, Binance's CEO, highlighted Lynch's expertise in compliance as crucial for navigating this pivotal time for the industry. Lynch expressed her eagerness to enhance the company's presence in Europe and collaborate with regulators and the community. MiCA will fully take effect for crypto service providers by December 30, 2024. Read more AI-generated news on: https://app.chaingpt.org/news