Bitcoin exchange Kraken has announced that financial compliance veteran Howard Bernstein has joined the company as chief compliance officer as the trading platform looks to expand to the United States. Bernstein, who has more than 20 years of experience in American financial regulations, constructed the entire anti-money laundering program of the publicly traded investment bank Merriman Capital, Inc. He also helped Merriman comply with SEC and FINRA requirements. Much like the current state of Bitcoin regulations, the compliance requirements for the SEC and FINRA were new and very unclear at the time. According to a Kraken blog post, Bernstein will help manage the company’s day-to-day compliance program and begin to engage regulatory officials and lawmakers. But the new CCO also […]
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