Share this article
Binance.US Hires Intel’s Compliance Chief Majalya
Sidney Majalya will report directly to CEO Brian Shroder.
By Danny Nelson
Updated May 11, 2023, 4:08 p.m. Published Dec 17, 2021, 12:13 a.m.
Binance’s U.S. affiliate on Thursday said it hired Intel’s top compliance executive as the crypto exchange’s chief risk officer.
Sidney Majalya, a former federal antitrust attorney with stints managing Oracle’s and Uber’s compliance offices, will join Binance.US in January, according to a tweet. He’s been vice president of legal and chief compliance officer for the chip manufacturer since August 2019, according to his LinkedIn profile.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
He will report directly to Brian Shroder, Binance.US CEO since October, a blog post said.
Shroder’s bringing on of Majalya, the Binance.US CEO’s first executive in the “risk” division, telegraphs the exchange means business on the compliance front. That could be pivotal as U.S. lawmakers continue to apply pressure to the nascent crypto industry, which some have argued is under-regulated.
“Binance.US is deeply committed to compliance, and our priority is to maintain and grow a world-class compliance and risk organization that earns the utmost confidence and trust of our customers, investors and regulators,” Majalya said in a statement.
He did not return an email seeking comment. Representatives for the exchange did not immediately return comment.
See more: Binance CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’
CORRECTION (Dec. 18, 23:24 UTC): Corrects spelling of Binance.US CEO’s name.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Coinbase’s Base faces builder backlash over creator coin push
Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects.
What to know:
- Base has seen a surge in creator-coin issuance via Zora, with daily token mints surpassing Solana in August, boosting onchain activity and attention.
- Some Base-native projects say marketing and social support has become narrowly focused on Zora-linked initiatives, leaving other established communities without recognition.
- While Base continues to process more than 10 million transactions per day, critics warn that deteriorating builder sentiment could push projects toward rival chains like Solana or Sui.
Top Stories
