PayPal Exec Leaves to Take Compliance Lead at Bitstamp
PayPal chief compliance officer (CCO) Jean-Baptiste Graftieaux has revealed that he has left his current position at the global payments giant to join one of the largest bitcoin exchanges by USD trading volume, Bitstamp. Graftieaux served as a director and CCO of PayPal's Europe, Middle East and Africa (EMEA) division for more than five years, starting in January 2009. Prior to joining PayPal, Graftieaux was also a CCO at online ticket marketplace StubHub. Today was Graftieaux's final day at PayPal. Speaking to CoinDesk, Graftieaux framed his latest endeavor as one that allows him to....
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A major Paypal executive is taking his talents to the Bitcoin industry, leaving payment processing giant Paypal to take a position at Bitstamp. Jean-Baptiste Graftieaux was Paypal's chief compliance officer (CCO) and will be taking the same position with Bitstamp. As first reported by CoinDesk, Graftieaux worked for Paypal as their COO of their European, African and Middle Eastern divisions. As a CCO, Graftieaux would have been responsible for making sure Paypal fell in line with the financial laws of the localities that fell under his jurisdiction. Being responsible for portions of three....
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Bitstamp is launching new markets for Ripple’s XRP digital asset. The launch, set for 17th January, will see the exchange offer trading pairs for USD/XRP and EUR/XRP. The company already serves as a Ripple gateway (where money enters or leaves the network) and hosts a bitcoin-denominated market for the digital asset. Bitstamp is kicking off the new offerings with a two-part program that will see it give rebates on trading fees, as well as incentives to market makers who bring liquidity to the exchange, though Ripple says the details of the latter are still being finalized. The move comes....