Investing.com - Financial Markets Worldwide
🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

Binance's Compliance Chief: Crypto Treated Unfairly Compared to TradFi

Published 04/05/2023, 11:10 AM
Updated 04/05/2023, 11:30 AM
Binance's Compliance Chief: Crypto Treated Unfairly Compared to TradFi

  • Binance’s Compliance Chief says his job is one of the toughest in compliance.

  • Regulators' approach to crypto is far harsher than their approach to TradFi.

  • Many different crypto firms continue to face regulation by enforcement.
Remaining compliant and appeasing crypto regulators continues to be an uphill battle for many companies. Binance, continually in the sights of regulators, has said that there is a disparity in how regulators are approaching the space.

Noah Perlman, the recently hired global chief compliance officer at Binance, has compared his experience in traditional finance with his time in crypto and noted a huge difference in approach. Crypto regulation, especially in the U.S., has become regulated by enforcement, prompting Perlman to state his job is one of the “most challenging opportunities in compliance.”

https://twitter.com/noahbperlman/status/1643391887527624705

A

...

Continue Reading on DailyCoin

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.