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Cryptocurrencies:  7,509Markets:  31,658Market Cap:  $390,616,519,17624h Vol:  $99,397,787,070BTC Dominance:  61.6%
Market Cap:  $390,616,519,17624h Vol:  $99,397,787,070BTC Dominance:  61.6%Cryptocurrencies:  7,509Markets:  31,658

Coinbase’s chief compliance officer is set to leave the firm

Coinbase’s chief compliance officer is set to leave the firm

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Coinbase’s chief compliance officer is set to leave the firm

The Block1 week ago
Published on October 14, 2020 05:35 GMT+0edited on October 14, 2020 05:37 GMT+0

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Coinbase's chief compliance officer Jeff Horowitz is set to exit the cryptocurrency exchange, according to several people familiar with the personnel move. 

Horowitz, whose career in financial services compliance spanned firms like Lehman Brothers and Citigroup, joined Coinbase in 2018. As the firm's first CCO, he played a role in shaping Coinbase's anti-money laundering policies as well as its compliance with recommendations from the Financial Action Task Force (FATF). He also played "a big part" in onboarding JPMorgan as a banking partner for the cryptocurrency exchange, according to a source. 

Notably, Horowitz's departure appears to be unrelated to Coinbase CEO Brian Armstrong's controversial blog post last week, which resulted in about 5% of employees exiting the exchange, …