Binance Asia-Pacific Head Foong Leaving Biggest Crypto Exchange
- Foong led Binance expansion into markets like Japan, Korea
- Market share has declined after a global regulatory crackdown
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Binance Asia-Pacific’s head Leon Foong is leaving the world’s largest crypto exchange, according to people familiar with the matter.
Foong, who led Binance’s expansion into markets like South Korea, Thailand and Japan, has resigned, one of the people said, asking not to be named because the move hasn’t been publicly announced.