Martin Grant Appointed to Binance US Board Amid Regulatory Challenges

Former New York Fed compliance chief joins as director, bringing extensive regulatory experience to the cryptocurrency exchange.

Martin Grant, former compliance chief at the New York Fed, has been appointed to the board of Binance US.
Grant's role will focus on overseeing financial reporting processes and enhancing internal controls.
His appointment comes as Binance US faces ongoing legal challenges from the SEC and other regulatory bodies.
Binance US emphasizes Grant's appointment as a move to uphold the highest standards of compliance and integrity.
The exchange is currently recovering from a tough year, including layoffs and legal disputes, but reports improvements in trading volumes and user engagement.