Coinbase Names New Chief Compliance OfficerMs. Melissa Strait (Linkedin), who most recently was global head of financial crimes at financial technology company Stripe Inc., will be responsible for San Francisco-based Coinbases global compliance programs, including those related to know-your-customer and anti-money-laundering regulations, the company said in a blog post Wednesday.The move comes as Coinbase -- the largest U.S.-based cryptocurrency exchange by trading volume and one of the largest crypto exchanges in the world -- and its competitors navigate a still developing patchwork of regulations governing cryptocurrency and other financial technology.Elements of the fintech industry also have come under increased scrutiny from regulators following the recent market frenzy that juiced shares

<h1>Coinbase Names New Chief Compliance Officer</h1><div> Ms. Melissa Strait <a target="_blank" href="https://www.linkedin.com/in/melissa-strait-0aaba320/">(Linkedin)</a>, who most recently was global head of financial crimes at financial technology company Stripe Inc., will be responsible for San Francisco-based Coinbases global compliance programs, including those related to know-your-customer and anti-money-laundering regulations, the company said in a blog post Wednesday. The move comes as Coinbase -- the largest U.S.-based cryptocurrency exchange by trading volume and one of the largest crypto exchanges in the world -- and its competitors navigate a still developing patchwork of regulations governing cryptocurrency and other financial technology. Elements of the fintech industry also have come under increased scrutiny from regulators following the recent market frenzy that juiced shares of companies such as GameStop Corp. Coinbase is gearing up for its stock-market debut. The company, which in December announced its decision to go public, said last month it planned to do so through a direct listing, making it one of the latest companies to forgo the traditional public-offering process. Founded in 2012, Coinbase has long sought to build itself into a company that would attract mainstream investors and work within the established financial system, unlike some smaller competitors that have seen cryptocurrency platforms as a way to sidestep government oversight. The company has about 43 million users and is licensed to operate in more than 40 U.S. states, plus the District of Columbia and Puerto Rico. Its platform is accessible in more than 100 countries outside the U.S. "Implementing industry-leading compliance programs will be critical to earning and maintaining the trust of our retail and institutional customers," Paul Grewal, Coinbases chief legal officer, said in the post announcing Ms. Straits appointment. "Melissas experience at the very cutting edge of fintech innovation makes her uniquely qualified to navigate the complex web of regulations to which we not only comply with, but are also helping to shape." In compliance roles at Stripe, and before that at payments company Square Inc., Ms. Strait oversaw compliance aspects related to those companies integration with Coinbase products, the company said.</div><div> </div><div> </div>

Coinbase

Stripe

Infrastructure

Legal & Compliance

Coinbase | Melissa Strait | Chief Compliance Officer | Americas

Hire

Board

Advisory Board

Advisory Council Member

Cryptocurrency exchange Kraken has bolstered its leadership with the appointments of two industry executives to key roles. Key Hires Kraken has hired former N26 Chief Product Officer Gilles BianRosa as its new Chief Operating Officer and Chief Product Officer. It has also appointed Marcus Hughes, previously a Managing Director at Coinbase, as its new Global Head of Regulatory Strategy. Focus on Growth and Compliance The new hires are part of Krakens efforts to strengthen its leadership team and position itself for continued growth in the changing global regulatory landscape. Gilles BianRosa introduced cryptocurrency trading at N26 and has experience with SoundCloud and Samsung Electronics. Meanwhile, Marcus Hughes has nearly a decade of experience at Morgan Stanley and worked on international expansion and regulatory matters at Coinbase. Kraken CEO David Ripley emphasized the importance of these hires in preparing for the companys next phase of growth and ensuring regulatory compliance across various markets. "As we get ready for the next phase of growth in crypto markets, we need to ensure we can quickly adapt to rapidly changing market trends while navigating an increasingly complex and divergent regulatory landscape," Ripley said in the announcement. Innovation and Compliance The company plans to innovate, launch new products, enter new markets, and enhance its offerings while adhering to regulatory standards. The announcement was made on January 25th. The post Kraken Hires Former N26 and Coinbase Executives to Strengthen Leadership Team appeared first on Althalla.

Kraken Strengthens Leadership Team with Former N26 and Coinbase Executives

Departure

General

Regional Management

Managing Director, Europe

AlphaSense, the leading market intelligence and search platform, today announced a strategic investment from EDBI as the company continues to build momentum and extend its customer footprint in the Asia-Pacific (APAC) region. This investment is part of the companys $150 million Series E financing round at a $2.5 billion valuation announced in September 2023, which was led by BOND, and joined by existing investors, including Alphabets CapitalG, Viking Global Investors, and Goldman Sachs Asset Management. "AlphaSenses AI-based market intelligence and search platform has the potential to provide our local financial services industry and enterprises with the necessary tools, content, and insights to make better data-driven decisions," said Charmaine Kng, Partner at EDBI. "EDBIs partnership with the company highlights our commitment to attracting innovative tech companies that enhance business capabilities in Singapore and across the region, contributing to the nations digital transformation movement and enhancing workforce productivity. We are excited to work closely with AlphaSense to strengthen its presence in the region via its Singapore regional hub." On the heels of announcing a new regional hub in Singapore and as part of its continued commitment to building a dedicated presence in the region, AlphaSense also announced the hiring of APAC Regional Director, Mark Leadercramer, who is based in Singapore and will lead the strategic direction and local execution of AlphaSenses enterprise growth in the region. Mark was previously the Head of Enterprise Sales for Stripe in Southeast Asia, and served as General Manager of South APAC at Mintel, a global market intelligence agency. "As we continue to see demand for enterprise market intelligence solutions in APAC, we are eager and committed to work alongside EDBI to deepen our roots in the region and support decision-making that makes local businesses, and the larger economy, stronger," said Mark Leadercramer, APAC Regional Director, AlphaSense. "Im excited to continue growing our best-in-class team in Singapore as we build a stronger presence to support our regional customers." More than 4,000 enterprise customers across the globe use AlphaSense today, representing the regions most influential sectors, including Grab, ByteDance, Woodside Energy, BHP Group, and GIC Private Limited. The rapid adoption of AlphaSenses innovative AI and search capabilities has fueled its global expansion, and the company expects to almost double its headcount in Singapore over the next year. AlphaSense has also expanded coverage within Wall Street Insights (WSI), its exclusive aftermarket research product, to expertise from APACs top analyst teams, including Singapores DBS Bank, Macquarie, and HSBC. "EDBIs investment reinforces our leadership in revolutionizing AI and search for enterprise businesses around the world," said Kiva Kolstein, President & Chief Revenue Officer of AlphaSense. "I am thrilled to partner with EDBI and double down our efforts in this critical region, so we can continue to deliver on our mission to help the worlds leading companies make better decisions with confidence and speed." For over a decade, AlphaSense has transformed the research process for business and financial professionals with the latest innovations in AI and NLP technology. In 2023 alone, AlphaSense: About AlphaSense AlphaSense is a market intelligence and search platform used by the worlds leading companies and financial institutions. Since 2011, our AI-based technology has helped professionals make smarter business decisions by delivering insights from an extensive universe of public and private content -- including equity research, company filings, event transcripts, expert calls, news, trade journals, and clients own research content. Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, India, and Singapore. For more information, please visit www.alpha-sense.com. About EDBI Investing since 1991, EDBI is a Singapore-based global investor in select high-growth technologies spanning sectors across Information & Communication Technology, Emerging Technology and Healthcare. As a value-creating investor, we support companies aiming to expand in Asia and globally through Singapore with our extensive network, resources and expertise. For more information, visit www.edbi.com.

AlphaSense Secures Strategic Investment from EDBI, Expands APAC Presence

Operations

Sales

Head of Enterprise Sales, South East Asia and Head of Greater China, Scaled & Mid Market

Coinbase | Melissa Strait | Chief Compliance Officer | Americas

latest related moves