Binance Appoints New Australian CEO, Reiterates Regulatory Focus Moving Forwardby Fintech News Singapore August 30, 2021
Crypto exchange platform Binance Australia has announced the appointment of Leigh Travers as its Australian Chief Executive Officer.
Travers was formerly the CEO and Director of DigitalX, a digital asset funds management firm listed on the Australian Securities Exchange, where he has spent the last seven years playing a pivotal role in building products and growing networks for the firm
Prior to joining DigitalX, he served on the Board of Australia’s blockchain industry body, Blockchain Australia.
Sam Teoh, Chief Operating Officer at Binance Australia said,
“We’ve observed the work Leigh has done at DigitalX for a while now and we’re excited to work with him not just on Binance Australia’s continued growth, but widespread adoption of blockchain businesses and cryptocurrency in Australia at large.”
When asked what is first on the agenda for his appointment at Binance Australia, he points towards a strong focus on growing the brand and the company’s working relationships with regulators.
“From an industry perspective, I know it’s imperative that we continue to develop our relationships with regulatory bodies while reinforcing our company commitment to compliance and best practice.
As the market leader in the digital asset space, we have a responsibility to be involved in helping to shape the growth of our industry and this means prioritising engagement and conversations with policy makers and regulators.”
This is consistent with the statement from Richard Teng who was recently appointed as Binance’s CEO. With his background as the Chief Regulatory Officer at the Singapore Exchange (SGX), Teng said he was looking to “work closely with industry leaders and policymakers” as the firm has been under intense scrutiny from regulators worldwide.