Binance, the world's largest cryptocurrency exchange, has appointed Gillian Lynch as Head of Europe and the UK, highlighting the company's emphasis on regulatory compliance.
Profile of Gillian Lynch
Gillian Lynch, formerly the CEO of Gemini Europe, brings over 20 years of experience in fintech and regulatory engagement. She previously worked at Bank of Ireland, where she led strategy and operations.
Binance's Strategy in Europe
Lynch will oversee Binance's operational activities in Europe, including regulatory engagement and compliance with the new MiCA legislation. The company has taken several actions to demonstrate its commitment to compliance, including delisting nine stablecoins from its offerings.
Comments on the Future of Cryptocurrency
Lynch has expressed her intention to collaborate with regulators and users, emphasizing the importance of building trust and strengthening standards in the digital financial landscape.
The appointment of Gillian Lynch reflects Binance's strategic direction towards compliance with MiCA and strengthening the company's position in the European market.