Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the leading trading platform for digital assets under increased scrutiny in some jurisdictions.
Crypto Exchange Binance’s Global Head of Product Resigns
Product Lead for Binance, Mayur Kamat, has resigned, according to a spokesperson for the world’s largest cryptocurrency exchange quoted by Reuters on Monday. The news follows other executive exits and job cuts at the company in the past few months.
In early July, the crypto giant’s Chief Strategy Officer, Patrick Hillmann, confirmed on social media he was leaving Binance while a report by Bloomberg revealed that Senior Vice President for Compliance, Steven Christie, and Binance’s General Counsel, Hon Ng, had also left.
Later that month, the Wall Street Journal published an article claiming tha
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