Coinbase Chief Compliance Officer Departs Amid Wider Exodus

Melissa Strait will take charge of Coinbase's compliance initiatives ahead of its planned public listing.

Blockchain isn’t just for geeks. But because it’s such a new technology, many people aren’t warming up to it and gaining the many benefits that cryptocurrencies can offer them. Exodus, a multi-digital-asset wallet with the ShapeShift exchange built in, is attempting to change this picture. As its name implies, Exodus allows people to leave the geeky imagery often associated with blockchain technology and experience it as the uplifting journey that it can and should be. Exodus distinguishes itself on the blockchain landscape with its aesthetically pleasing user interface that will be....

Taking a proactive approach, Kraken has appointed Howard Bernstein, the ex-CCO of Merriman Capital as the new Chief Compliance Officer. The company says the appointment will help it as Bernstein is someone who comes with similar background, can anticipate the evolving regulation around Bitcoin and to help ensure it is regulated in a way that protects consumers while allowing the game-changing Bitcoin ecosystem to flourish. The announcement from Kraken says: “Today we’re pleased to announce a great new addition to the team, who will help us advance our proactive approach. Howard Bernstein....

BitGo has hired a former Coinbase compliance officer following a $98,000 settlement with the U.S. Treasury. BitGo, a major digital asset custody and security company, has hired a former compliance executive of Coinbase.Jeff Horowitz, Coinbase’s former chief compliance officer, is joining BitGo as its new chief compliance officer, the firm announced Jan. 13. Horowitz joins BitGo after serving the same role at Coinbase since July 2018.The new exec will be replacing BitGo’s former CCO Matt Parrella and will oversee the company’s compliance and Anti-Money Laundering programs to ensure....

Jeff Horowitz led Coinbase’s global compliance program until his departure in October.