Cryptocurrency exchange Binance.US had tapped Krishna Juvvadi, a veteran of Uber’s legal department and the U.S. Department of Justice to lead its day-to-day legal operations. The hire echoes the efforts in Binance.US’s, the American division of cryptocurrency exchange Binance, to bolster its legal and compliance team. In this sense, Binance has been attempting to forge better relations with regulators in recent months following a string of warnings issued against it from regulatory bodies and other entities last year.
As former global head of operations compliance at Uber, Juvvadi was also chief regulatory counsel and its first regulatory attorney, helping the company’s efforts to secure favorable laws and registrations at local, state and federal levels in the U.S. He also designed the ride hailing apps’ global regulatory strategy.
Juvvadi follows the path of Binance.US CEO Brian Shroder, who spent two years as head of strategy and business development for Uber in Asia Pacific from 2016 to 2018. In his new role, Juvvadi, who reports to Binance.US General Counsel Norman Reed, oversees day-to-day operations of the company’s legal department, helping further its efforts to become more compliant with U.S. regulations,
“Krishna is a skilled legal practitioner whose experience shaping and implementing the regulatory strategy of Uber translates extremely well to our similarly nascent, fast-growing business and industry,” Binance.US CEO Brian Shroder said in a statement.
Krishna K. Juvvadi was before Senior Counsel at Uber Technologies, where he manages all regulatory matters in the United States. Prior to joining Uber, Juvvadi was a Partner at the law firm of Sher Leff LLP. Prior to this, he was a Trial Attorney with the United States Department of Justice.