Binance taps ex-Gemini exec Gillian Lynch to reboot Europe push
Binance has appointed Gillian Lynch as its new head of Europe and the United Kingdom to enhance its regulatory efforts across the region. With over 20 years of experience in fintech and banking, including senior roles at Gemini and Bank of Ireland, Lynch's appointment marks a significant step as Binance addresses increasing scrutiny within Europe. She will manage Binance's regional strategy and operations, ensuring compliance with the European Union’s regulatory frameworks. This move underscores Binance's commitment to constructive regulation and user protection as it looks to shape the future of finance. Lynch expressed enthusiasm about working closely with regulators and the community to build on the company's momentum in Europe. As part of the post-MiCA era, she noted that new global regulations are vital for establishing crypto's legitimacy. Binance is also focused on its compliance strategy regarding MiCA, although specific details remain undisclosed. This development follows Binance's recent regulatory hurdles, including its registration with the UK's Financial Conduct Authority and the exit from the Netherlands due to licensing challenges.
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