Thu, November 21

Steve Christie Rejoins Binance as Deputy Chief Compliance Officer

Crypto Exchange Binance Surpasses $100B in Assets Under Custody Exchange News
  • Christie stepped down earlier to prioritize health and family as per Binance.
  • Together with CCO Noah Perlman, Christie will fortify the worldwide compliance program.

In the role of Deputy Chief Compliance Officer, Binance has recruited Steve Christie, formerly of the cryptocurrency exchange’s Senior Vice President of Compliance. Christie will collaborate with regulators, industry heavyweights, and others to ensure that Binance remains in line with regulatory procedures while also strengthening the crypto exchange’s worldwide compliance program.

Christie stated: 

“I am not only enthusiastic about the organization’s commitment to being compliance-first, but over and above establishing the benchmark for the whole industry with respect to compliance.”

Deep Compliance Expertise

Christie stepped down from the role at the exchange for a while to prioritize health and family, according to a Friday announcement from Binance. Christie will return to the firm and fill the role left by Kristen Hecht, who was Binance’s former Deputy Chief Compliance and Global Money Laundering Reporting Officer.

Together with CCO Noah Perlman, Christie, who was formerly Binance’s Senior VP of Compliance, will fortify the company’s worldwide compliance program and establish new roles of leadership in the rapidly developing cryptocurrency industry.

Noah Perlman stated:

“Steve’s familiarity with Binance and deep compliance expertise makes him the perfect person to assume the DCCO role. When Steve first joined Binance in 2022, the compliance team underwent fast growth and made tremendous efforts and investments to strengthen and mature its compliance culture and program, which Steve helped lead.”

Perlman further added:

“Compliance is always evolving and maturing, and he has helped Binance meet new changes and challenges, making compliance a business enabler and driver of sustainable industry growth.”

The crypto exchange has been lately under scrutiny by regulatory bodies across the globe especially by the SEC in the United States. Thus, this step seems to align with the desperate need for a more compliant approach.

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Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.