Former Fidor Bank Official Joins Kraken as General Counsel
The announcement came in the wake of Kraken’s plans to strengthen its position in international markets. Bitcoin and Ethereum exchange Kraken today announced that it has appointed Edward M. Stadum as its new General Counsel. The announcement came in the wake of Kraken’s plans to strengthen its position in international markets. Stadum, who has a collective experience of more than 50 years as a banker, lawyer and venture capitalist, has been appointed for his expert insight which, according to CEO Jesse Powell, could serve Kraken well in developing its presence in the North American and....
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Kraken has hired Edward Stadum from Fidor Bank to help oversee the increasingly complicated legal work related to running a global digital currency exchange. In interview, Stadum said he left the Germany-based Fidor on good terms, explaining that his new position overseeing Kraken’s legal work in Asia, Europe, the US and beyond stands to benefit both companies. He told CoinDesk: "There’s a very important working relationship that involved Fidor providing banking account support to Kraken customers in the EU. And that’s important business for them both." Stadum will work....
Kraken, one of the largest bitcoin exchanges in the world has announced the appointment of Edward Stadum, a lawyer and fintech advisor with over five decades of legal experience and insight into international law. Global Bitcoin exchange Kraken has hired Edward M. Stadum as its General Counsel. Stadum will provide opinion and specialist advice for the crypto-exchange’s expansion plans globally, with a focus on best business practices, corporate governance, finance, strategy, acquisitions, and finance. Stadum leaves his post as US General Counsel to Fidor Bank, an innovative online direct....
German Internet direct bank Fidor and digital currency exchange Kraken are teaming up on what the two companies say will be the first "specialized bank for crypocurrencies". The platform is expected to enter the first stages of development by the end of this year. San Francisco-based Kraken reported it will be responsible for the technological aspects of the project, while Fidor will handle regulatory and licensure logistics, drawing from its connections in the broader financial sector. The partnership builds on an existing cooperation between Fidor and Kraken, which cemented an European....
Digital currency exchange Kraken has forged a partnership with Munich-based Fidor Bank to offer its European customers regulated bitcoin trading services. Jesse Powell, CEO of Payward Ltd, which is the developer of Kraken, said the exchange has found its "ideal partner" in Fidor Bank. He described the bank as a "responsible, forward-thinking financial institution" and praised its desire to combine the "predictability and stability of traditional banking relationships with the social and economic benefits of new digital currencies". Powell added: "From the beginning, our goal has been to....
Fidor Bank, a German Web 2.0 bank, is partnering with Kraken to launch an initiative that will create a specialized bank for cryptocurrencies. The project aims to create a regulated and licensed financial service institution. The project will combine several products and services from various companies to offer a great variety of financial products and services that are geared towards cryptocurrencies. Also read: Vogogo Secures Partnership With Knox Payments to Service Digital Currency Industry. New Cryptocurrency Bank. Kraken is a Bitcoin exchange that is located in San Francisco. Through....