Binance Appoints Former FCA Regulator Steven McWhirter as Director of Regulatory Policy | Binance Blog

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Binance welcomes Steven McWhirter as Director of Regulatory Policy! Steven joins us with over 20 years in financial services and regulation, both as a supervisor and policymaker.

Steven joins Binance with over 20 years in financial services and regulation, both as a supervisor and policymaker. He spent over nine years with the FCA and 12 years in regulatory compliance at the Gambling Commission.

In his most recent role in FCA, Steven was in the Data, Technology and Innovation Division as the Strategy and Engagement manager. He participated in the making of FCA’s crypto guidance and also led policy working groups focusing on the UK, EU and other countries. He also supported innovation in financial services by managing the Secretariat of the Global Financial Innovation Network , a network of over 75 regulators and observers globally.

Serving as Binance’s first Director of Regulatory Policy, Steven will oversee a world class regulatory policy team and ensure that Binance meets the regulatory obligations to the highest standard. Steven will also work closely with industry leaders, policymakers, and regulators globally to contribute to the development of a sustainable regulatory framework.

“Regulation is regarded as an important and necessary component in the lifecycle of all innovative sectors,” said Steven. “My efforts will support Binance by ensuring that the regulatory global compliance is enhanced in tandem with crypto and blockchain innovation. Leading Binance’s regulatory policy team will allow me to leverage my experience as a former conduct regulator to create a sustainable crypto ecosystem with consumer protection and market integrity at its heart.

 

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Binance is on the right path. Welcome onboard Steven. ConcordiumNet supports regulatory compliance with built-in user identity at the protocol level, allowing businesses to harness the power of blockchain technology.

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