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Kraken strengthens compliance and global expansion with new hires from N26 and Coinbase

Kraken strengthens compliance and global expansion with new hires from N26 and Coinbase

Crypto Exchange Kraken Makes Strategic Hires for Continued Growth

Crypto exchange Kraken has announced two strategic hires to position the company for continued growth amid evolving global regulatory environments. Gilles BianRosa, previously holding CPO positions at N26, SoundCloud, and Samsung Electronics, will serve as Chief Operating Officer and Chief Product Officer. Marcus Hughes, formerly Managing Director of Europe and General Counsel for international expansion at Coinbase, will become Kraken’s Global Head of Regulatory Strategy.

Preparing for Growth in Crypto Markets

In a statement, Kraken CEO David Ripley emphasized the need to adapt to changing market trends and navigate complex regulatory landscapes. The exchange plans to innovate, launch new products, enter new markets, and improve its offerings while ensuring compliance with regulatory requirements across multiple jurisdictions.

About the Author

MK Manoylov has been a reporter for The Block since 2020. With a graduate degree from New York University’s Science, Health and Environmental Reporting Program (SHERP), MK has covered various crypto news topics including NFTs, metaverse, web3 gaming, funding, crime, hacks, and the crypto ecosystem. Follow MK on X @MManoylov and on LinkedIn.

Hot Take: Kraken Bolsters Leadership Team to Drive Expansion

Crypto exchange Kraken has made strategic hires by bringing in Gilles BianRosa as Chief Operating Officer and Chief Product Officer and Marcus Hughes as Global Head of Regulatory Strategy. These appointments aim to position the company for continued growth in the face of evolving global regulatory environments. As the crypto market expands, Kraken plans to adapt quickly to changing trends and comply with regulatory requirements across multiple markets. This move reflects Kraken’s commitment to innovation, product development, market expansion, and improved offerings while navigating complex regulatory landscapes.

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Kraken strengthens compliance and global expansion with new hires from N26 and Coinbase