Norman Reed is the interim CEO of Binance.US, a US-based cryptocurrency exchange. He was the company's General Counsel and became the interim CEO of Binance US in September 2023 after the departure of former CEO Brian Shroder. ^{[1] [3]}

Education

Norman Reed graduated from Ohio State University, with a bachelor’s degree in political science and later a master’s degree in history. After his master's degree, he completed his education at Columbia University, acquiring a Juris Doctor (J.D.) degree. ^[1]

Career

Norman Reed's professional career started at an international firm, working for 3 years before joining the Federal Reserve Bank of New York where he worked for 6 years and a half. During his time at the Federal Reserve Bank, he met Karen Gifford, Ripple Labs' Chief Compliance Officer at the time, who influenced him to start working at Ripple. After working at the Federal Reserve Bank, Norman worked at the SEC in the division of Trading and Markets until 2007 and joined Ripple Labs as their General Counsel in 2015. ^[1][2]

“My hope was that I could find a company that was building financial technology for the future that would appreciate my legal and regulatory background”

“As it turned out, Karen asked to see me last winter when she was in New York and told me about Ripple. I thought to myself—this sounds exactly like what I’m looking for.”

He also served as General Counsel for other financial services companies including Onsa, Nanopay, Carta, and Omgeo, LLC and has also worked as Managing Director of the Depository Trust & Clearing Corporation. ^[1]

Binance.US

From December 2021 to September 2023, Norman Reed has served as General Counsel at Binance.US, one of the world's largest cryptocurrency exchanges. In this capacity, he applies his legal expertise to shape Binance.US's legal framework and ensure compliance with regulatory requirements. His strategic insights and understanding of the cryptocurrency ecosystem contribute to maintaining a secure and compliant trading environment for Binance.US users.

“It is a rare opportunity to find a legal leader with experiences from the Security and Exchange Commission and the Federal Reserve Bank of New York as well as Crypto and FinTech; thankfully we found that in Norman. I’m confident that Norman’s expertise will help pave the way forward for Binance.US to become the most successful and compliant participant in the digital asset industry.” - said Brian Shroder, CEO

In September 2023, Norman Reed became the interim CEO of Binance.US after Mark Schroeder,, the former CEO departed the company. ^[3]