#NFPWatch Binance hired former Gemini executive to expand in Europe.
🌍🌎🌏✨✨✨✨$BNB
Binance appointed Gillian Lynch as director for Europe and the UK to lead compliance with MiCA regulations and expand into regulated cryptocurrency markets.
#REX-OSPREYSolanaETF Binance, the largest cryptocurrency exchange platform in the world, has appointed Gillian Lynch as the new director for Europe and the UK, marking a new push to obtain regulatory approval across the region.
Lynch has over 20 years of leadership experience in the financial technology, banking, and digital assets sectors. She previously held senior positions at Gemini, Bank of Ireland, and Leveris.
The appointment, announced on Friday, comes at a time when Binance is facing increasing scrutiny in Europe and seeks to align with the European Union's Regulation on Markets in Crypto-assets (MiCA). Lynch will oversee Binance's regional strategy, daily operations, and regulatory commitments in key European and British markets.
The hiring signals Binance's "long-term commitment to thoughtful regulation, user protection, and sustainable growth in the region," according to the statement.
The new appointment comes more than four years after former Binance UK director Jonathan Farnell resigned from his position at the exchange platform in May 2021.