The US branch of the largest cryptocurrency exchange will be headed by Catherine Coley as the exchange is set to launch in the coming months. This announcement was made by BAM, the operator of the exchange in US.
Catherine Coley is a former Head of XRP Institutional Liquidity at Ripple and had a successful spell with the company with some achievements to her name.
Coley joined Ripple in 2017 and “has played an integral role in the evolution of trading infrastructure and market development which include institutional FX at Morgan Stanley in Hong Kong and London, international payments and global treasury management for start-ups at Silicon Valley Bank,” BAM said.
Binance US will begin operation in the coming months after which all current US users of the Binance platform will be directed to Binance US. This is part of keeping up with the legal demands of the US in cryptocurrency transactions and usage.
The exchange is to be operated by a local company, BAM Trading Services and they have taken a huge step by appointing the CEO.