Jo Johnson – the brother of the UK’s former PM, Boris Johnson – reportedly resigned from his advisory role in Bifinity (a payments technology company launched by Binance).
The world’s largest cryptocurrency platform has had several brushes with British regulators over the past few years. Despite the tension, the company aims to become a registered entity in the Kingdom sometime next year.
Johnson’s Departure
According to recent coverage by The Telegraph, Boris Johnson’s younger brother – Jo Johnson – has quit the advisory board of Binance’s subsidiary.
He and Britain’s former Minister for Culture, Communications and Creative Industries – Ed Vaizey (Lord Vaizey of Didcot), joined the company in September, highlighting Binance’s efforts to build trust between the crypto industry and the UK’s regulators and political elite. Lord Vaizey resigned from his post at Bifinity, too.
A Binance spokesperson said Johnson left the firm to become an Executive Chairman of t
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