Binance Hires a New Lobbyist in Brussels

Key Points:Binance has hired a lobbyist to try and have an impact on crypto regulatory sectors.
The position would be based full-time in Brussels to allow access to representatives of the European Commission or European Parliament.
According to the website Binance also hires for entry-level positions in policy communications across Asia and Latin America.
Binance, the largest cryptocurrency exchange in the world is now hiring a lobbyist to help it influence the regulatory sector. Laws in other sectors, including cryptocurrency lending and decentralized finance (DeFi), may soon follow.Binance is already a member of the Brussels-based umbrella lobbying group BlockchainforEurope and is registered in numerous EU countries, including France, Italy, and Cyprus.According to the website, Binance is also hiring for more entry-level policy communications positions across Asia and Latin America.The hiring drive demonstrates the growing significance of policy to significant cryptocurrency businesses as European Union legislators work to include the industry in regulatory frameworks.Previously, according to many users, Binance had been covertly closing down a number of accounts on the platform in connection with the Bitzlato probe, a fraudulent electronic exchange being targeted by US authorities. A spokeswoman for Binance released the following comment in response to Bloomberg’s story that US FinCEN has named Binance as one of Bitzlato’s primary fund receivers.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: NewsTags: BinanceBrusselsEuFinCENMiCA