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Leading cryptocurrency exchange Binance has announced the appointment of former European Union executive Martin Bruncko as its new Executive Vice President for Europe.

In a press release, Binance revealed Bruncko brings a unique combination of government and technology background, with an “extensive expertise in building transformational tech companies, as well as experience in the top echelons of national and international policymaking in the areas of finance and innovations.”

In the release, Bruncko commented he was excited to join the cryptocurrency trading platform when it’s starting to focus on compliance and expanding into more traditional fintech areas. Bruncko added:

“The incredible community that Binance has managed to build over the years, its cutting edge technologies, and the shift toward working ever more closely with regulators give Binance almost limitless opportunities. I look forward to realizing this potential in Europe and beyond.”

Bruncko has reportedly been a founder, executive, and board member in several European fintech firms, including Stasis, GA Drilling, Neulogy, and AeroMobil. He has also served as a member of the investment committee of the European Innovation Council Fund, the largest deep tech investment fund in Europe.

The exec holds a B.A. from Stanford University and M.P.A. from Harvard Kennedy School. In 2012, he was honored as a Young Global Leader of the World Economic Forum, shortly before he became a Special Advisor to the President of the General Assembly at the United Nations.

Bruncko has also held several senior government positions, including as junior minister for innovations and deputy for European affairs of the minister of finance of Slovakia. He was a member of the Economic and Financial Committee of the EU, Board Member in the European Stability Mechanism, and Senior Director and Head of Europe at the World Economic Forum.