Binance Appoints Previous Crypto.com Executive as APAC Lead

In a move aimed at strengthening its regulatory relationships across Asia's cryptocurrency markets, Binance has appointed SB Seker as the head of its Asia-Pacific operations. Seker brings over 20 years of experience in public sector roles, fintech, and blockchain industries to the table.

Seker, who previously served as Senior Vice President at Crypto.com Group, has extensive regulatory experience, particularly in the Asia-Pacific and MENASA regions. In his new role, Seker will oversee Binance's strategic efforts in the region, manage stakeholder engagement with regulators and policymakers, and develop strategic partnerships.

One of Seker's key focus areas will be "responsible growth" and regulatory cooperation in the Asia-Pacific region. This aligns with Binance's aim to promote responsible growth in the cryptocurrency market through its operations in the region.

Binance has faced regulatory scrutiny in multiple jurisdictions and reached settlements with U.S. authorities in 2023. Under new leadership, Binance has emphasized compliance and regulatory engagement as core priorities for its global operations.

Seker's appointment is part of Binance's efforts to address these concerns and build stronger relationships with regulators in the Asia-Pacific region. The region is a significant focus for Binance's growth and engagement, given that it is a key growth market for cryptocurrency adoption, with several countries implementing comprehensive digital asset regulations.

Earlier in his career, Seker worked as a litigator in Australia. He also held senior legal positions at Ant Group, Rothschild & Co, and Amicorp Group. Notably, Seker served as a central banking lawyer at the Monetary Authority of Singapore.

Seker's role at Binance includes overseeing regional operations and he will also be responsible for developing strategic partnerships for Binance in the Asia-Pacific region. The exchange is committed to regulatory cooperation in the Asia-Pacific region, making Seker's extensive regulatory experience a valuable asset.

In conclusion, the appointment of SB Seker as the head of Binance's Asia-Pacific operations marks a significant step towards strengthening the exchange's regulatory relationships in the region. With Seker's extensive experience in legal and regulatory matters, Binance aims to navigate the complex regulatory landscape in the Asia-Pacific region and promote responsible growth in the cryptocurrency market.