Binance, one of the world’s leading cryptocurrency exchanges, has seen a number of key executives depart in recent weeks amid increasing regulatory scrutiny. Mayur Kamat, the head of product, has confirmed his departure after two years with the company. Kamat, who previously worked at Google and Agoda, was responsible for helping Binance grow from 80 million to over 150 million users in 18 months. He was also an early adopter of Bitcoin, having purchased two coins in 2011. The recent departures come shortly after Binance was investigated by the US Department of Justice. Han Ng, the general counsel, and Steven Christie, the senior vice president for compliance, were reported to have left Binance in early July. Kamat thanked Binance’s leadership team for the opportunity and said he will be cheering them on from the sidelines. He also said it was a good time for him to take some time off after 20 years of product work.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Asia |
| Countries | 🇺🇸 🇮🇳 🇹🇠|
| Sentiment | neutral |
| Relevance Score | 9 |
| People | Changpeng Zhao, Steven Christie, Han Ng, Mayur Kamat, Patrick Hillmann |
| Companies | CoinDCX., Google, Department of Justice, Binance, CoinSwitch, Agoda |
| Currencies | Ethereum, Bitcoin |
| Securities | None |
