Binance shared the announcement announced by Changpeng Zhao. The cryptocurrency exchange announced that it has recruited Max Baucus, one of the USA’s former senators, to support legal studies.
Binance, the world’s largest cryptocurrency exchange by volume, has signed with former Montana Senator Max Baucus to increase cooperation with regulators. Baucus, who previously served on the Finance Committee under the US Senate, served as an ambassador in China under Barack Obama’s administration between 2014-2017. Baucus had worked on blockchain-based payment technologies when he was an embassy in China. The former senator, who joined the Binance staff, said it was a “privilege” to “support the company’s political and legal work.”
Binance, one of the largest cryptocurrency exchanges globally, offers a limited level of service in the US through Binance US due to regulations. Commenting on Baucus’ joining the staff, Changpeng Zhao said, “His experience will be useful for fully global blockchain companies to step up.” used the expressions.