Former Ripple exec to lead Binance’s U.S. expansion as new exchange CEO

BAM Trading Services, the firm behind Binance's incoming U.S. branch, has tapped ex-Ripple executive Catherine Coley. Coley was the head of XRP ($XRP) Institutional Liquidity at Ripple before her hire at BAM. “I am confident that with Coley’s leadership and Binance’s leading technology platform," Binance CEO Chanpeng Zhao said in a release, "Binance.US will be able to provide valuable services to the U.S. community.”