A prominent cryptocurrency exchange, Binance, is currently looking to hire an EU policy specialist to native through challenging circumstances it has faced in the region. This move comes in the wave of a series of setbacks experienced by the crypto giant within Europe.
The role of the newly appointed police officer would involve the development and formulation of fresh policies, standards, guidelines, and procedures for the organization, as stated in a recent job advertisement.
In recent times, Binance has encountered complexities in its operations within the region. Media reports from France have indicated that the company is currently being investigated by local authorities. Binance itself confirmed that authorities paid a visit to its offices in June.
In June, the financial regulatory body in the UK stated that Binance’s local division was prohibited from providing services within the country. Moreover, Binance recently revealed its decision to exit the Netherlands, as it was unable to obtain a license from the country’s central bank.
Binance seeks skilled candidates with 5-7 years of experience in risk compliance, AML, or regulatory roles in financial services, banking, or fintech. Policy development and implementation knowledge in regulated sectors is required.
The newly hired policy personnel will have the responsibility of effectively communicating intricate information in a clear and convincing manner.