0
📰 News

Ripple CEO ‘Blesses’ Ex-Ripple Exec to Run Binance US

  • Yuri Molchan
    📰 News

    👨‍💻💜BAM, the operator of Binance US that is promised to kick off soon hires a former Ripple top manager to be the CEO⚡👨‍💼


Ripple CEO ‘Blesses’ Ex-Ripple Exec to Run Binance US
Contents

BAM that is the official Binance operator in the US spreads the word that it has taken on board an ex-top manager of Ripple to run the new company’s branch as a CEO. 

Binance US has been promised to kick off in early September and open the gates to Binance trading for the North American community.

Brad Garlinghouse has publicly ‘approved’ of this choice made by Coley and wished her best of luck.

Ex-Ripple top manager joins Binance

Coindesk reports that the new position of Catherine Coley was made public on Tuesday, announcing her as the CEO and a person in charge of Binance rollout around the US.

Prior to that, Coley was in charge of XRP Institutional Liquidity. Before working with Ripple and dipping the crypto sphere as such, Coley was part of the Morgan Stanley team in its Hong Kong branch, worked in Forex and in the financial sphere in the Silicon Valley.

Binance’s CZ, seems to be positive that the new CEO will help Binance do its best for US traders and investors.

Binance to restrict US customers from trading

Previously, the world’s largest exchange by volumes, Binance, spread the word that by September 2019, it is going to ban US traders from using the platform’s services. 

However, instead CZ announced that Binance is preparing to launch a separate platform in the US, compliant with the local regulatory rules.

The event is expected to happen in early September, simultaneously with prohibiting US users from trading on Binance.com

Cover image via www.123rf.com
Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!

About the author

Yuri entered the crypto sphere at the BTC price peak in 2017, quickly turning into a crypto enthusiast. He has written for several media, covering everything from TA to ICOs and crypto regulations. Presently is a news writer, working with crypto and blockchain-related topics.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings