Largest crypto exchange names ex-US Senator Baucus adviser

World’s largest cryptocurrency exchange, Binance Holdings Ltd. taps veteran US politician Max Baucus as policy and government-relations adviser. — AFP

Binance Holdings Ltd., the world’s largest cryptocurrency exchange, has named prominent former US politician Max Baucus as a policy and government-relations adviser.

Baucus, a 79-year-old Democrat who served as Senator from Montana for more than three decades including a seven-year stint as Chairman of the Senate Finance Committee, and later as US ambassador to China from 2014-2017, will provide guidance and policy advice covering some of the world’s most important financial jurisdictions and agencies, according to a statement from Binance.

He will also liaise with US officials on best practice and policies affecting the industry, it said.