Binance Hires Former HSBC Banker and Fintech Veteran to Lead UK Exchange Growth

The major crypto-currency exchange, Binance, has hired banking and financial technology veteran Teana Baker-Taylor to lead its expansion in the UK and European market.

Baker-Taylor has more than 20 years experience with bob menendez, marco rubio, part users from, fork of stellar, claimed to be nakamoto, resigned in october, Citi and the Royal Bank of Scotland, and was the CEO of the UK-based digital asset and blockchain industry body, Global Digital Finance.

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In 2018 and 2019, she was recognized as one of the most influential women in fintech worldwide by Innovate Finance and was also awarded the Blockchain Leader award by Women In Tech in 2019. In an interview with Cointelegraph on May 8, Baker-Taylor said

I spent a lot of time in my banking career, specifically in payments, treasury and capital markets. These areas of traditional finance have also experienced the most innovation and disruption in recent years.

The emergence of fintech, Baker-Taylor added, with its drive to reduce friction and increase transparency in financial services, has paved the way for the adoption of digital assets and the chain of blocks.

Increasingly, it has focused its efforts on bridging the gap between traditional and decentralized finance, which it says shares similar business opportunities, regulatory barriers and concerns about security and reputational risk.

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„I believe that digital assets have the potential to revolutionize money at the macro level, as a thriving asset class, as a new means of raising capital globally, and through product tokenization,“ said Baker-Talor. Its impact can, he said, expand access to financial services and wealth creation, which „historically has been inaccessible to the masses.

Baker-Taylor says the UK remains „hugely important“ after Brexit
At Binance, Baker-Taylor said he will draw on his previous experience in business strategy, product and proposal development, as well as marketing, communications and regulatory policy. In his role, he will lead the development of a new set of services exchange for the UK and European markets.

Despite the Brexit, the United Kingdom „remains an enormously important global market,“ which is integral to Binance’s growth, he said. London remains the largest foreign exchange market and the second largest financial center in the world. Over the past decade, the United Kingdom has invested heavily in financial innovation, as Baker-Taylor noted:

Challenger banks, peer-to-peer lending and collective financing platforms were born during this cutting-edge era in the UK’s financial markets. As a result, the UK has secured a position as a centre of global innovation through government investment, attracting talent and venture capital, and with a progressive financial regulator who has demonstrated a willingness to engage and collaborate with industry participants.