Former Amazon exec will become new CFO of crypto exchange Bitstamp
Stephen Bearpark is a 3-year veteran of Amazon and former finance director for Barclays. Cryptocurrency exchange Bitstamp has hired Stephen Bearpark, a former finance director at tech giant Amazon, as its chief financial officer.In an announcement today, Bitstamp said it would be appointing Bearpark to the executive position where he will be responsible for overseeing the financial growth of the exchange. Bearpark worked at Amazon’s EU Transportation division in Luxembourg for more than three years, and was a finance director at financial services company Barclays until 2008. “By bringing....
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Amazon is not interested in embracing bitcoin, but it is looking into new digital payment services, possibly a service developed in-house, a new report suggests. The company's payments head Tom Taylor told Re/code that Amazon did indeed consider bitcoin, but eventually decided that there was not enough interest in the technology for Amazon to benefit from adopting it. Said Taylor: "Obviously, it gets a lot of press and we have considered it, but we're not hearing from customers that it's right for them, and don't have any plans within Amazon to engage bitcoin." Amazon's revenue in 2013 was....
Bitstamp is replacing its CEO for the first time since the company’s establishment. Bitstamp, one of the world’s oldest and largest cryptocurrency exchanges, is replacing its CEO for the first time.Nejc Kodrič, the firm’s CEO who co-founded Bitstamp back in 2011, is stepping down from his position. He will be moving into a new advisory role on the company’s board of directors, Bitstamp executives told Cointelegraph on Oct. 22.Julian Sawyer, who currently serves as the managing director of the United Kingdom and Europe at major global crypto exchange Gemini, will replace Kodrič, becoming....
Bitcoin is gradually integrating with traditional currency, as two recent innovations demonstrate. Coinimal, a Vienna, Austria-based crypto broker, has launched a service to allow customers to use bitcoins for purchases on Amazon.de. Bitstamp, meanwhile, is making it easier to buy bitcoin with credit and debit cards. Coinimal users can now receive an Amazon.de voucher code via email by paying for the voucher with bitcoins. The process takes one to three blockchain confirmations. Users can redeem their Amazon.de voucher against purchases on the Amazon.de marketplace. Eric Demuth, Coinimal....
Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26. U.K.-based crypto exchange Bitstamp has hired a former director of financial services company Barclays’ payments team as its chief operating officer.In an announcement today, Bistamp said it would be appointing Sameer Dubey to the executive position as part of its effort to scale across the firm’s businesses. Dubey worked as the director of the head of payments for Barclays corporate and was a member of the team behind the bank’s blockchain and distributed ledger council. He was also the head of operations....
Bitstamp has received a license from Luxembourg to operate as a payment institution, making it Europe’s first licensed bitcoin exchange. Could this extra legitimacy open up bitcoin as an asset class to an untapped customer base? In January 2015, Bitstamp suffered a hack which resulted in the loss of ~19,000 BTC (valued at around $5 Mn). The Company recovered quickly, supported by ample reserves in cold storage. Bitstamp added additional security measures, which included multi-signature wallets provided by BitGo and moving its servers to Amazon's AWS cloud infrastructure. These measures,....