The post Stéphanie Cabossioras, Director of Binance French, Step Down! appeared first on Coinpedia Fintech News

The director of Binance’s French operations has announced her decision to leave the company due to regulatory pressures from the French government. Cabossioras, who had a successful career in the French government before joining Binance in April 2022, was appointed head of operations for France in April 2023. The decision to step down aligns with Binance’s goal to establish Paris as its European center. However, the exchange is facing regulatory challenges in several jurisdictions and has undergone significant management changes in the past few months. These challenges raise doubts about Binance’s ability to navigate the increasingly complex regulatory environment for cryptocurrencies.

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Filed under: Bitcoin - @ October 19, 2023 4:12 am