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Binance Faces Ongoing Exodus of Key Executives, UK CEO Departs

Jonathan Farnell, who served as the Head of Binance UK and CEO of Bifinity, has left the company. This departure comes against the backdrop of a regulatory crackdown by the Financial Conduct Authority that has significantly hindered the operations of offshore crypto firms in the UK.Farnell joined Binance in May 2021 and assumed the role of CEO of Eqonex, the holding company of the crypto custodian Digivault, in 2022. This move was in accordance with a loan agreement, which granted Binance the au...
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Posted: Oct 24 2023, 13:51
Author Name: financemagnates
Views: 042355