One of the largest crypto platforms in Europe, the US subsidiary of Bitstamp has appointed its new chief compliance offer. Caitlin Barnett was a former employer in Gemini, this exchange was founded by the Winklevoss twins where she was designated as Deputy Chief Compliance Office for the tenure of three years. You can always call on Gemini support number to deal with issues related to Gemini by speaking to one of the staff members who are always active and can resolve all type of errors in a nick of time by following the steps and procedures given by the team for execution.
With this new recruitment, an innovative benefit will be in the kitty of Bitstamp’s operations in the US, as the company has secured BitLicense from the New York Department of Financial Services (NYDFS) that will allow an exchange to proffer trading on crypto pairs to the residents of the state.
Barnett shared her views and said that it would be really exciting to work with Bitstamp and helping them in continuing their winning journey in Europe.
She has a career of more than 12 years in the Finance Industry and now will have to look after relevant rules regulation and guidelines which Bitstamp has created. Having a regulator landscape and expanding business globally is definitely a big challenge now than previous.
Talking about BitLicense, it has regularly strengthened its AML and KYC compliance and the anti-fraud, capitalization, and cybersecurity policies. Barnett is surely going to help as her former company. Gemini is taking a practical approach with regulatory restrictions coming up every time. Gemini has hired Nasdaq’s SMARTS Market Surveillance, it is a technology used across Wall Street, in order to add security and check out criminal trading behavior in its location. The CEO of Bitstamp said that Caitlin is the right candidate for this role and the company is pleased to have her as the lead compliance management process.
Talking about the work experience of Barnett till date, she has worked in numerous key compliance and risk roles that include a five-year tenure at JP Morgan Chase and Co, before stepping her foot into the crypto space. And, now Bitstamp is going to enter in her eighth working year making it the longest-running crypto venue in Industries like hacks and exit scams. As per the data circulated by CoinMarketCap, the exchange is presently on 34th position in the trading volume.
In the month of 2016, Bitstamp got the support from the public when it got a license to operate as a complete regulated payment institution (PI) in Luxembourg. Now, Bitstamp hyped the license a factor that it would help them to become the first fully licensed cryptocurrency exchange in Europe. To know more updates about Gemini or to fix issues related to Gemini, you can always call on Gemini customer care number and get best solutions and remedies from the professionals in no time. The team is always there to support users who got stuck in amid of work.