Coinbase wants to strengthen its legal and compliance team as it steps up collaboration with crypto regulators

  • Date: 23-Sep-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
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Coinbase wants to strengthen its legal and compliance team as it steps up collaboration with crypto regulators

Wants to grow its legal and compliance team, and add several communication roles as the crypto exchange prepares to for cryptocurrencies in the US. The largest publicly-listed crypto exchange's website shows more than , including a role based out of Washington, DC for someone with "excellent political judgment" and who has experience in managing high-profile political and media crises. These represent Coinbase's intent to get US regulators on board with its ambitions after the Securities and Exchange Commission over its interest-bearing lending product. Plans to launch the product were . CEO Brian Armstrong lashed out at the regulator by calling its behavior "sketchy" for not providing clear enough reasons for its threat. But the exchange now seems to be in collaboration mode, wanting to advise on ." Among the 24 openings for legal and compliance, Coinbase is looking to hire a "head of APAC compliance" in Singapore, a "head of international compliance" in London, and "global anti-bribery and corruption managers" in the UK and US. Other roles for general counsel mention responsibilities related to strategic direction on digital currency, blockchain technology, and legal and regulatory issues. All new roles related to security engineering are based out of the US and