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Coinbase puts former banking exec in charge of global compliance


Perhaps feeling pressure from worldwide regulators, international cryptocurrency exchange Coinbase has finally resorted to arming itself with a chief compliance officer, Reuters reports. They’ve put Jeff Horowitz in charge of keeping Coinbase in line as it continues its global expansion. According to Coinbase’s official release, Horowitz spent 12 years at Pershing LLC, a BNY Mellon Company – one of the largest brokerage custody firms. He was also their global head of anti-money laundering (AML), perhaps highlighting how closely Coinbase has been paying attention to the concerns of international committees such as the G20. “Before joining Pershing, Jeff led various compliance…

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