News Explorer — Binance Appoints Kristen Hecht As Deputy CCO and GMLRO to Strengthen Compliance and Combat Financial Crime

By Decrypt August 04, 2023 In Binance

Binance Appoints Kristen Hecht As Deputy CCO and GMLRO to Strengthen Compliance and Combat Financial Crime

Binance has appointed Kristen Hecht as its new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO). Hecht brings 17 years of experience in financial crime compliance and has previously worked for organizations such as Novi Financial, HSBC China, and the U.S. Department of the Treasury. With her expertise, Hecht aims to enhance Binance’s compliance program and collaborate with regulators and industry bodies to mitigate financial crime risks.

Copy-of-KH-8188_Headshot-1-gID_7.jpg

Source Article

Aug 3, 7:25 am

Advertisement

Forbes

Congress Considering Crypto Bills to Regulate Digital Assets, Stablecoins, and Anti-Money Laundering

Congress is working on standalone crypto bills that address the regulation of digital assets, stablecoins, and anti-money laundering measures. The bills aim to determine whether digital… Read Summary

Source Article

Aug 3, 7:00 am

Coindesk

NFT Trading Volume Declines, But Smart Contract Deployments Are Still Growing

Despite a 41% decrease in NFT trading volume in Q2 2023, there has been a significant increase in the deployment of smar… Read Summary

Advertisement

Source Article

Aug 3, 7:01 am

Decrypt

Binance Appoints Kristen Hecht As Deputy CCO and GMLRO to Strengthen Compliance and Combat Financial Crime

Binance has appointed Kristen Hecht as its new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporti… Read Summary

Source Article

Aug 3, 7:01 am

Decrypt

Coinbase Enlists Coca-Cola, Atari in Run-Up to Base Mainnet Launch

Coinbase has partnered with mainstream brands like CocaCola, Atari, OpenSea, Pixelmon, and Showtime to offer daily oncha… Read Summary

Source Article

Aug 3, 6:16 am

The Block

Binance CEO Says the Exchange Now Has More Than 150 Million Registered Users Despite Legal Battles

Despite ongoing legal battles and regulatory scrutiny, Binance has reached a milestone of over 150 million registered us… Read Summary

Source Article

Aug 3, 4:51 am

DL News

Hong Kong Grants First Two Virtual Asset Exchange Licenses

Hong Kong has granted its first two virtual asset exchange licenses to HashKey Exchange and OSL, signaling a more welcom… Read Summary

Source Article

Aug 3, 4:10 am

The Block

BlockFi Bankruptcy Plan Receives Conditional Approval from Court

BlockFi’s bankruptcy plan has received conditional approval from the U.S. bankruptcy court in New Jersey. The company is… Read Summary

Source Article

Aug 3, 4:12 am

The Block

Huobi Cofounder Buys 10 Million CRV From Curve Founder Michael Egorov for $4 Million

Huobi cofounder Jun Du has purchased 10 million CRV tokens from Curve founder Michael Egorov for $4 million. Du has lock… Read Summary

Source Article

Aug 3, 3:58 am

Coindesk

Twitter Bots Pumped Alameda-Linked Coins After FTX Listings

A report from the Network Contagion Research Institute (NCRI) reveals that Twitter bots were used to artificially pump t… Read Summary

Source Article

Aug 3, 3:02 am

Decrypt

ASIC Sues EToro Australia for Allowing Inexperienced Investors to Use High-risk Products

eToro’s Australian division is facing a lawsuit from the Australian Securities and Investments Commission (ASIC) for all… Read Summary

Source Article

Aug 3, 2:50 am

Coindesk

Shiba Inu Is Working on a Blockchain-based Digital Identity System

Shiba Inu is aiming to strengthen trust among its users and governments by tying all applications to a blockchain-based… Read Summary

Source Article

Aug 3, 1:29 am

DL News

Circles USDC Stablecoin Market Cap Has Plummeted Over 40% This Year

Circles USDC stablecoin has seen its market capitalization drop over 40% since the beginning of the year, reaching below… Read Summary

Source Article

Aug 3, 1:29 am

Reuters

HashKey Becomes the First Licensed Crypto Exchange in Hong Kong to Serve Retail Users

HashKey, a crypto exchange based in Hong Kong, has landed a license update from the Hong Kong Securities and Futures Com… Read Summary

Source Article

Aug 3, 1:26 am

Coindesk

FTX Seeks to Exclude Dubai Unit From Bankruptcy Proceedings, Citing Lack of Business Activity

FTX, the bankrupt crypto exchange, has filed court documents to exclude its Dubai unit from the winddown proceedings in… Read Summary

Source Article

Published on

Decrypt

View the full article

You may also like