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Binance’s Brazil Director Resigns

LollyCrypt by LollyCrypt
10 months ago
in News
Reading Time: 2 mins read
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Amidst the regulatory issues Binance is facing all over the world, the exchange’s director in Brazil resigns. The information was gotten from a LinkedIn profile.
Binance's Brazil Director Resigns

Ricardo da Ros, who had been the Director of Binance in Brazil for six months, resigned last night from the company.

The main reason for his resignation, according to a post on his own LinkedIn profile, is a “misalignment of expectations” with the organization, as well as personal principles.

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“Bitcoin is the future, and we are only at the beginning of this journey,” Ricardo continued.

The “Country Manager,” as his job is known, started working on the exchange in mid-February, with the goal of commanding and structuring Binance’s operations in Brazil.

The adequacy and compliance with the requirements established by the Brazilian Securities Commission (CVM) and the Federal Revenue Service will be among its key concerns (RF).

Ros already had experience in the field, having led the Ripio unit in Brazil at a time when he was under a lot of strain due to the MPF’s (Federal Public Ministry) activities against other brokers.

In the previous 15 years, he has assisted three American companies in establishing and growing their enterprises in Brazil, using his skills in computer science, marketing, and business.

He also started a technological company in both Brazil and the United States.

Tags: BinanceBinance smart chainBrazilDirector

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