Coinbase’s chief compliance officer departing from the firm

2020-10-15 17:35

Based on the reports from Coinbase, Jeff Horowitz the firm’s Chief compliance officer is set to part ways with the exchange

His exit is, however, not connected to the contentious and moot blog post by the company’s CEO Brian Armstrong that surfaced last week. It started when some employees asked the company to take a stance on social/political issues like the Black Lives Matter movement, which prompted the statement from the company’s executive, where Armstrong proclaimed an ‘apolitical’ non-activist stance. It is rumored this post led to about 5% of the company staff (60 employees) departing.

Prior to joining Coinbase, Horowitz had worked with several other firms, including Citigroup, Goldman Sachs and Lehman Brothers.  At the time of his hire to Coinbase, Horwitz worked for Pershing, a BNY Mellon subsidiary specializing in brokerage services.

He was the first CCO at Coinbase – a position he has served since 2018. In the two years he has been with the company, Horowitz has accomplished several milestones. His effort was instrumental in shaping the exchange’s anti-money laundering (AML) guidelines. In addition, he helped the company achieve compliance with recommendations from the Financial Action Task Force.

Reports also detail that he played a significant role in landing JPMorgan as a banking partner for the exchange. A spokesperson from Coinbase corroborated reports on Horowitz’s exit, saying,

“Since joining the company in mid-2018, Jeff played an active role in helping to shape crypto and AML regulation with FATF, Financial Crimes Enforcement Network, Department of Treasury and regulators around the globe. We’re grateful for his service and wish him the best in the future. While we conduct a search for a new CCO, our Chief Legal Officer, Paul Grewal, will take over day-to-day responsibility for our compliance programs, with support from our compliance leads“.

The post Coinbase’s chief compliance officer departing from the firm appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

TheChiefCoin (CHIEF) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 CHIEF

firm officer chief compliance coinbase departing coin

Источник: coinjournal.net

firm officer → Результатов: 94


Фото:

Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe

Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2. 1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations of falsifying accounts and market manipulation.

2020-6-26 00:30


Why is Bakkt planning to list cash-backed Bitcoin futures?

Bakkt has announced it will be listing cash-settled BTC futures, a pivot in the strategy that may seem at odds with the company’s founding vision. Bakkt’s Chief Operating Officer Adam White made the statement at Coindesk’s Invest conference in New York this week according to YAP Global, stating that the InterContinental Exchange-owned firm intends to […] The post Why is Bakkt planning to list cash-backed Bitcoin futures? appeared first on CryptoSlate.

2019-11-14 02:30


CoinShares Aims For IPO, But London Regulators Cause Second Thoughts

CoinShares is preparing for an initial public offering, but a chilly regulatory climate means that the London-based asset management firm may have to list its shares elsewhere. Daniel Masters, CoinShares’ Executive Chairman, has revealed some of the company’s plans to Crypto Briefing, including the appointment of a new Chief Operations Officer.

2019-10-5 18:40


Toxic Crypto Twitter Drama Unfolds Between Bitcoin Developer and Blockstream’s CSO

A recent debate on Twitter has left two significant stakeholders not feeling very chummy with each other. The Chief Strategy Officer (CSO) of Blockstream, Samson Mow, has ended up on the bad side of Matt Corallo who is also the firm’s co-founder, eventually being blocked by the latter. Corallo has complained that Mow, along with […]

2019-5-30 19:10


Marshall Islands’ Sovereign (SOV) Digital Currency Looks to Meet US Regulatory Standards

The Marshall Islands is the latest country in the world to begin development of their own national Cryptocurrency dubbed the Sovereign, following in the footsteps of Venezuela. Baka Ben Ezer, the chief executive officer of Neema, the firm that will be developing the coin for the government, says that the coin is in development and […]

2019-3-10 21:56


Фото:

As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.

2019-3-5 20:20


дальше еще 45 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Coinbase projected will flip Schwab as most valuable brokerage

Coinbase is projected to be the world’s most valuable brokerage, surpassing $7 trillion asset manager Charles Schwab, which is supported by several key factors. Bitcoin spot exchange-traded fund (ETF) issuer Bitwise is projecting that Coinbase shares (COIN) in the U.S.…

Bitcoin Surpasses $100,000 As Institutionals Run The Show: CryptoQuant

Data from CryptoQuant has revealed how institutional investors have been the drivers behind the latest Bitcoin surge above $100,000. Bitcoin Coinbase Premium Index Has Been Positive Recently In a new post on X, the on-chain analytics firm CryptoQuant has discussed the latest trend in the Bitcoin Coinbase Premium Index.