RATE Group | BNY Mellon Boss Moves To Coinbase To Lead Push Into Cryptocurrency Custody
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BNY Mellon Boss Moves To Coinbase To Lead Push Into Cryptocurrency Custody

31 Jul BNY Mellon Boss Moves To Coinbase To Lead Push Into Cryptocurrency Custody

Posted at 13:01h in Cryptocurrency News by

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Jeff Horowitz joins as Coinbase’s new chief compliance officer.Coinbase

Coinbase’s new chief compliance officer, Jeff Horowitz, just finished his first day on the job. The former managing director and chief compliance officer of BNY Mellon subsidiary Pershing LLC., spent the day in meetings, and going through an onboarding process he likens to a mix of Silicon Valley and Wall Street.

With the formalities mostly out of the way, Horowitz, who has spent much of his career managing brokerage custody and clearing and settlement solutions is setting his sights on the future. Especially as relates to two of Coinbase’s latest pushes into enterprise cryptocurrency solutions.

Earlier this month, the twelfth largest exchange in the world, with $156 million daily volume in bitcoin, ethereum, bitcoin cash and litecoin transactions opened Coinbase Custody, aimed at making it more appetizing for traditional hedge funds to diversify their portfolios with…

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