Like other large crypto brands, Binance has signed a selection of high-profile partnerships, a number of which predate her tenure. These include the footballer Cristiano Ronaldo, Canadian singer-songwriter The Weeknd, the Alpine Formula One team and social media star Khaby Lame.

This year’s crypto market downturn may be hitting the wallets of marketing departments at large crypto firms. Crypto.com, a firm that has spent as much as $1 billion promoting its name on things like rebranding the Staples Center, an advert with Matt Damon, FI and UFC deals, only last week said its CMO, Steven Kalifowitz, is leaving the company.

In addition, Ben Zhou, the CEO of Bybit, the second-largest crypto exchange, said in a recent interview that he would not be renewing his F1 sponsorship, and is looking for other deals with better commercial value.

Conlan’s last day is June 15 and she will remain as an adviser to support the company through the transition, Binance said.

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France Central Bank Deputy Governor Denis Beau. (Banque de France/Press)

France’s central bank deputy governor told CoinDesk public and private European entities need to get involved in digital asset development, diverging sharply from Christine Lagarde’s stance.

What to know:

  • Denis Beau, deputy governor of France’s central bank, is urging a broad public-private push to develop euro-based tokenized money to counter the dominance of dollar-pegged stablecoins.
  • His stance contrasts with that of European Central Bank President Christine Lagarde, who is wary of privately issued stablecoins and favors a central bank…

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