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Crypto Custody Firm Copper Appoints New Chief Compliance Officer
Crypto custody firm Copper has hired Tammy Weinrib as its new chief compliance officer and Bank Secrecy Act (BSA) officer for the Americas. The announcement was made in a press release on Monday.
Background
Weinrib will lead the firm’s licensing drive in the U.S. market and will be part of Copper’s executive team, based in New York. Her hire is part of Copper’s expansion in the U.S., following the appointment of Amar Kuchinad as global CEO in October last year.
Weinrib’s Background
Weinrib was previously employed as chief compliance officer and BSA officer at Binance.US. Prior to this, she worked at crypto exchange Gemini. She also enjoyed a career in traditional finance, with stints at Wall Street bank Citi, The Royal Bank of Scotland, and Standard Chartered.
CEO’s Comment
“Her appointment marks an important step forward as we accelerate our growth strategy and expand our offering to traditional finance,” said Amar Kuchinad, global CEO of Copper, in the release.
Copper’s Expansion Plans
Copper said in December that it had withdrawn its application to become registered with the U.K.’s financial services regulator. The decision was part of the company’s strategic shift to focus on markets such as the U.S., Europe, and the Middle East.
Conclusion
In conclusion, Copper’s appointment of Tammy Weinrib as its new chief compliance officer and BSA officer for the Americas is a significant step in the company’s expansion plans. With her extensive experience in traditional finance and crypto, Weinrib is well-positioned to lead Copper’s licensing drive in the U.S. market and support the company’s growth strategy.
FAQs
- What is Copper’s new chief compliance officer doing? Tammy Weinrib, previously of Binance.US and Gemini, has been hired as Copper’s new chief compliance officer and BSA officer for the Americas.
- What is Copper’s expansion plan? Copper is focusing on markets such as the U.S., Europe, and the Middle East, and has withdrawn its application to become registered with the U.K.’s financial services regulator.
- What is Copper’s growth strategy? Copper is accelerating its growth strategy and expanding its offering to traditional finance, with the appointment of Tammy Weinrib and other key hires.
- What is the significance of Copper’s new hire? The hire of Tammy Weinrib marks an important step forward for Copper, as the company moves to expand its presence in the U.S. market and accelerate its growth strategy.
- What is Copper’s focus? Copper’s focus is on providing secure and compliant crypto custody solutions to institutions and individual investors, with a particular emphasis on traditional finance and the U.S. market.
