The French subsidiary of the world's largest crypto exchange is stepping down from the board of directors of the digital asset trade association. It had been on the board for just six months.

Six short months and that's it. According to our information, Binance France has left the board of Adan, the trade association for companies operating in the crypto-asset sector. Binance France remains a member of Adan, however.

The reason has not been disclosed, but several sources point to the resignation in October of its managing director, Stéphanie Cabossorias. The subsidiary would not have wished to replace her on the board with another person.

Nomadic Labs and Fireblocks will fill the seat left vacant.

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