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2018-7-31 18:24 |
Cryptocurrency exchange Coinbase has announced the appointment of its first-ever chief compliance officer as it moves to become a licensed broker-dealer in the U.S.
Horowitz has spent the last 12 years leading the compliance team at Pershing, a BNY Mellon company and also one of the largest providers of brokerage custody.
All those roles saw Horowitz managing anti-money laundering and other compliance programs.
Asiff Hirji, Coinbase’s president and chief operating officer, wrote in the blog post:
“His experience managing matters related to broker-dealer regulation, asset custodianship, and AML programs makes him a uniquely qualified leader for our compliance team.”
The appointment comes soon after Coinbase started offering a crypto custody service aimed at institutional investors and is taking steps to become a regulated broker-dealer in the U.S.
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