Blockchain 

Exec Who Launched PwC Switzerland’s Blockchain Division to Become CFO at Tezos

The man who launched a blockchain and cryptocurrency assurance division for PwC in Switzerland is joining Tezos as chief financial officer, the foundation confirmed in a news release on June 11. Roman Schnider is leaving the Big Four firm after 15 years, and Tezos says he is already familiar with the organization, since it was the first major blockchain project to have its finance and business operations audited by PwC. Tezos describes itself as a platform focusing on smart contracts and decentralized applications that offers a protocol governed by stakeholders. Ryan Jesperson, the president of the Tezos…

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Bitcoin 

Binance Hires Former NBA, Dell Exec to Head Global Strategy Initiatives

Major cryptocurrency exchange and blockchain platform Binance has hired a former strategic executive at Dell and the National Basketball Association as Binance’s global strategy officer, according to a press release shared with Cointelegraph on June 5. Binance’s new official Strategy Officer, Gin Chao, will reportedly advance the organization’s global strategy, heading initiatives in corporate development, venture investment and its legal departments; Chao’s responsibilities also include finding ways to bridge departments via new hires. Chao is also reportedly expected to discover business opportunities for Binance partners, as well as to create…

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Blockchain 

Former Goldman Sachs Exec Leaves Blockchain.Com for Ripple

Former Goldman Sachs exec Breanne Madigan has left her position at crypto wallet provider Blockchain.com to join Ripple, crypto media outlet The Block reported on May 28. Madigan, a Wall Street veteran with about 14 years of experience at major global investment bank Goldman Sachs, has reportedly left Blockchain.com after serving there as Head Institutional Sales and Strategy for 14 months, according to her LinkedIn profile. The former Goldman Sachs executive has reportedly joined Ripple to lead the Global Institutional Markets team to attract more institutional investment to crypto space,…

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Bitcoin 

Bitstamp to Expand US Operations by Hiring Former Coinbase Exec Hunter Merghart

European crypto exchange Bitstamp has appointed a former Coinbase executive as head of United States operations, Finance Magnates reports on May 8. Bitstamp, an entrant of the top 50 crypto trading platforms by daily trading volume, has hired Hunter Merghart in a move to expand its operations in the U.S., following the recent acquisition of a virtual currency license from New York state’s financial regulator. Merghart will be based in New York and will focus on working with Bitstamps’ new and existing clients — particularly targeting institutional clients — the…

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Blockchain 

Exec Warns $9 Trln Trade Finance Industry Must Go Digital to Combat Fraud, Cites Blockchain

A senior executive at one of Asia’s biggest banks has said the $9 trillion trade finance industry needs to be digitized in order to tackle fraud, according to a Bloomberg article published on May 5. Ng Chuey Peng, managing director and head of global commodities finance at Singapore’s Oversea-Chinese Banking Corp Ltd. (OCBC), criticized the industry’s reliance on paper receipts, and warned forgeries have become so sophisticated that can be difficult to spot fake documents. Paper records are regularly used for everything from invoices to establishing the ownership of goods, and without them, banks…

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Blockchain 

Swiss Exchange SIX Top Exec Reveals Plans to Launch Tokens on Blockchain-Powered Exchange

A top executive at Switzerland‘s principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development was reported by financial news outlet Finews on May 6. The SIX Swiss Exchange sees roughly 5.2 billion Swiss Francs (CHF) (~$5.1 billion) in daily turnover, and has a market capitalization of over 1.67 trillion CHF ~($1.6 trillion). As previously reported, SIX unveiled its plans to launch a digital asset ecosystem, dubbed Six Digital Exchange (SDX), in…

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Bitcoin 

Former CFTC Exec and Crypto Advocate Bart Chilton Dies at Age 58

Bart Chilton, former executive at the U.S. Commodity Futures Trading Commission (CFTC) and known crypto advocate, has died at age 58 after a reportedly sudden illness. TV channel RT America broke the news on April 27. A former member of the United States House of Representatives from 1985 to 1995, Chilton served at the CFTC’s Energy and Environmental Advisory Committee and the Global Markets Advisory Committee from 2007 to 2014. After CFTC, Chilton joined the law firm DLA Piper as a senior policy advisor for regulatory and public policy issues.…

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Blockchain 

Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain

Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the desire among financiers to maintain the status quo is holding back the adoption of blockchain technology, Business Insider reported on April 23. In an interview with Business Insider, Aidoo said that banks’ unwillingness to adopt blockchain lies in culture within banks, and has nothing to do with the technology’s immaturity or a lack of potential use cases within financial organizations. Aidoo said: “What is preventing the banking industry from rushing into it? I think it’s mostly culture.…

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Bitcoin 

Former Coinbase Exec Appointed Head of Sales and Marketing at Fidelity

Digital assets trading and custody platform Fidelity Digital Assets has named a former Coinbase executive the head of Sales and Marketing, according to a press release published on April 10. Christine Sandler — who previously served as head of institutional sales at American major cryptocurrency exchange Coinbase — has joined Fidelity as its head of Sales and Marketing. In this role, Sandler will reportedly lead the expansion of Fidelity Digital Assets into new markets, as well as take responsibility for institutional customers service. Sandler’s former experience also includes Head of…

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Bitcoin 

Former Paypal, Google Engineering Exec Joins Bakkt as Chief Product Officer

A former engineering executive at PayPal and Google will join the team behind the institutional digital asset platform Bakkt, the firm’s CEO Kelly Loeffler announced in a blog post on Medium on April 11. With over 25 years of experience in digital payments, engineering, strategy and operations, Mike Blandina has joined Bakkt as its chief product officer (CPO). As the new CPO of Bakkt, Blandina will lead the firm’s efforts to converge a trusted ecosystem for digital assets with payments use cases in order to help Bakkt bring real applications…

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