Binance’s product lead Mayur Kamat has confirmed he is leaving the crypto exchange after serving the firm for nearly two years.
Binance' product lead Mayur Kamat says he is passing the baton to “next gen leaders” to take some time off after years of product work.Cryptocurrency exchange Binance continues to lose some of its key executives amid increasing scrutiny of the platform from regulators around the world.
Binance’s head of product Mayur Kamat has confirmed he is leaving the crypto exchange after serving the firm for nearly two years. “It is time for me to step down and transition product leadership to Binance's next gen leaders. I have worked closely with product leads to ensure a seamless transition,” Kamat told Cointelegraph on Sept. 4.
Kamat also said that it is a good time for him personally to take some time off after 20 years of “non-stop product work.” He added: “It has been an experience of a lifetime working at Binance and seeing our user base grow. Thanks to [Changpeng Zhao] CZ and the entire leadership team for this amazing opportunity. I will be cheering Binance from the sidelines."