Mayur Kamat, Binance's global head of product and design, is the latest senior executive to depart the embattled crypto exchange.
Kamat is among several senior executives who recently left Binance amid regulatory woes.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto exchange Binance has lost yet another senior executive amid its regulatory woes. Mayur Kamat, Binance's global head of product and design, has resigned, a source with knowledge of the matter told The Block.
"We can confirm that Mayur has stepped down from his role as product lead," a Binance spokesperson told The Block."We are grateful to him for helping guide Binance through some of our most explosive growth and we wish him the very best." Kamat also confirmed his departure, saying he is leaving Binance for"personal reasons" and finishing the transition.
"It is time for me to step down and transition product leadership to Binance's next-gen leaders," Kamat told The Block."I have worked closely with product leads to ensure a seamless transition. It is also a good time for me personally to take some time off after 20 years of non-stop product work. It has been an experience of a lifetime working at Binance and seeing our user base grow.
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