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Seeking Alpha 2021-07-15 20:55:08

Binance loses its Brazil country manager after six months

In another snag for Binance, the cryptocurrency exchange's Brazil country manager steps away from the company after six months on the job, citing "misalignment of expectations" about his role."I made the decision according to my personal values," he added in a post on LinkedIn.Still, he said the company has great products and services and Brazil Binance has a "great team."Other recent issues the company has experienced lately: The U.K.'s Financial Conduct Authority tells consumers that Binance isn't permitted to participate in any regulated activity in the U.K.; and earlier this week, Binance users band together to recoup losses after app froze during crypto crash.

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