Crypto Exchange Coinbase Appoints Melissa Strait As Chief Compliance Officerbr>
Crypto exchange Coinbase has named Melissa Strait as the company’s new chief compliance officer. Strait fills the vacancy created by Jeff Horowitz, who last month became chief compliance officer of BitGo.
Strait previously worked for Stripe, serving as global head of financial crimes after a stint as its U.S.-focused compliance officer. Prior to Stripe, she oversaw daily compliance operations at payments firm Square Inc.
Strait will oversee Coinbase’s global compliance programs, including know-your-customer and anti-money laundering initiatives, and manage the exchange’s work with law enforcement.
“Implementing industry-leading compliance programs will be critical to earning and maintaining the trust of our retail and institutional customers,” said Paul Grewal, Coinbase’s chief legal officer. “Melissa’s experience at the very cutting edge of FinTech innovation makes her uniquely qualified to navigate the complex web of regulations to which we not only comply with, but are also helping to shape.”