Steve Christie, previously the Senior Vice President of Compliance at Binance, has rejoined the cryptocurrency exchange in the capacity of Deputy Chief Compliance Officer (DCCO).

Meanwhile, this move comes in the wake of the regulatory challenges Binance has recently faced, including a substantial settlement of $4.3 billion with United States regulators over alleged penalties.

Steve Christie Returns to Binance

Christie expressed satisfaction with how Binance addressed the regulatory challenges from the United States Securities and Exchange Commission (SEC) and the US Department of Justice (DoJ).

“I am impressed by what Binance has accomplished on the compliance front since I stepped away momentarily.”

According to the statement, Christie and Binance’s Chief Compliance Officer, Noah Perlman, will collaborate to further strengthen its global compliance program.

However, Christie and Perlman will also bolster new opportunities for Binance to maintain a leadership role as the industry evolves.

Statista’s recent data highlights Binance as the frontrunner in 24-hour trading volume among global cryptocurrency exchanges. As of January 9, Binance recorded a trading volume of 18.22 billion.

Read more: Top 7 Binance.US Alternatives That Support USD Withdrawals

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Author: Ciaran Lyons

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