Claim BonusBinance Appoints Kyrylo Khomiakov As Regional Head For CEE & Central Asia
The world’s largest crypto exchange Binance on Thursday said it named Kyrylo Khomiakov as regional head for both Central and Eastern Europe (CEE) and Central Asia regions. Amid several challenges faced by the crypto exchange globally, Binance is set to continue working on expansion, fiat partners, and its other objectives.
Binance Names Kyrylo Khomiakov as Regional Head for CEE & Central Asia
Binance in a blog post on October 26 announced Kyrylo Khomiakov’s promotion to regional head for both both Central and Eastern Europe (CEE) and Central Asia regions.
Binance teams under these regions will work under Kyrylo Khomiakov to focus on products and services offered by the exchange. A significant focus will be on company growth, education initiatives, and fiat channels development. Khomiakov will help improve Binance’s industry leadership, marketing strategy, and relations with governmental and public entities in these markets.
Richard Teng, Binance’s regional head, said:
“These diverse and truly unique regions are critical to our company. Having Kyrylo, who possesses a deep understanding of these local markets and plays an integral role in the Binance organization, taking responsibility for these regions is crucial.”
Binance under Kyrylo Khomiakov’s leadership worked to expand its presence in Ukraine in the last few years. Khomiakov has served as the CEO of the State Agency of Infrastructure Projects of Ukraine and CEO of a blockchain software development company.
Also Read: FTX Moves Solana (SOL) Worth $15 Million From Cold Wallet
Regulatory and Operational Challenges Faced by the Exchange
Binance has faced multiple setbacks in the last few years, especially in the US. The heightened scrutiny after the collapse of FTX and regulatory challenges by regulators impacted Binance significantly.
Currently, Binance, Binance.US, and CZ have urged the court to dismiss the lawsuit by the U.S. Securities and Exchange Commission (SEC). The defendants claim the SEC has overreached its authority to regulate crypto assets without official consent from the U.S. Congress and irrationally considered crypto assets as securities.
Also Read: Court Approves Coinbase’s Request For Oral Arguments In SEC Lawsuit
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Bitcoin Rises to $94k as Trump Signals Alternatives Ahead of Supreme Court Tariffs Ruling
- Rick Rieder’s Fed Chair Odds Rise as BlackRock CIO Calls for Rates to Fall to 3%
- Fed Rate Cut: Trump Calls for Powell to Lower Rates After Soft CPI Inflation Report
- Breaking: U.S. CPI Inflation Comes In At 2.7%, Bitcoin Rises
- Bitget Launches One-Click Bot Copying for Crypto Users as Algorithmic Trading Goes Mainstream
- Standard Chartered Predicts Ethereum Price could reach $40,000 by 2030
- Bitcoin Price Eyes $100k as Core US Inflation Slips Ahead of CLARITY Act Markup
- Why Is MSTR Stock Price Down Despite Recent Bitcoin Purchase
- Pi Coin Price Prediction: How Mainnet Migration and New Tokens Supply Could Affect Pi Network?
- Crypto Stocks To Watch: MSTR, Metaplanet, and S&P 500 price
- Solana Price Targets $200 as WisdomTree Declares Its Dominance Structural
