Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, and Litecoin are seen in front of a displayed Binance logo in this illustration taken, June 28, 2021. REUTERS/Dado Ruvic/Illustration
July 7 (Reuters) - Binance.US, the U.S. partner of the world's largest cryptocurrency exchange, named former PayPal Holdings executive Jasmine Lee as its chief financial officer on Thursday.
Lee most recently served as the CFO and chief operating officer of investing application Acorns. Before that, she spent eight years at PayPal (PYPL.O) in top executive roles.
Her appointment comes at a time when investors have been dumping digital assets on fears that aggressive interest rate hikes from global central banks would spark an economic slowdown.
The crypto industry has also been in the crosshairs of regulators who worry that the meltdown in the volatile market could hit the broader financial sector. That has prompted a push for more rules on the largely unregulated industry. read...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...