BitGo Appoints Jeff Horowitz as Chief Compliance Officer | Company & Finance

PALO ALTO, Calif.–(Business enterprise WIRE)–Jan 13, 2021–

BitGo, the chief in electronic asset economical expert services, these days declared that Jeff Horowitz has been appointed Chief Compliance officer (CCO). Jeff will oversee BitGo’s Compliance and AML systems across the whole company to meet the optimum expectations of compliance and regulatory needs.

For the past two several years, Jeff was the CCO for Coinbase, wherever he led the firm’s world-wide compliance application, managed regulatory and lender associate interactions and aided to condition Crypto, AML and FATF regulation with the two international and domestic regulators. Prior to joining Coinbase, Jeff put in over 12 decades with Pershing in a variety of management roles which includes as Taking care of Director and World-wide Head of Compliance CCO, as very well as the Firm’s Main Anti-Revenue Laundering and OFAC Officer, accountable for the enhancement and implementation of the firm’s World wide AML Application.

BitGo recently reported an exceptional calendar year of advancement with $16B in assets underneath custody, as a final result of accelerated fascination by institutional traders looking for institutional-quality protection and compliance, and a economical infrastructure for custody, investing and lending of their electronic belongings. Jeff’s management will contribute to BitGo’s mission to construct the world’s most safe and trusted world wide economic expert services method for digital belongings.

“Jeff provides an incredible stage of encounter and insight that is very important to BitGo’s long run growth, encouraging us get even bigger traction into new markets, expand our product choices and reinforce our compliance and threat framework,” explained Mike Belshe, CEO, BitGo. “As we shift into the new year, we will see larger regulatory clarity for electronic belongings both equally right here and abroad. Jeff’s knowledge of each standard monetary services and crypto marketplaces will be critically vital as we navigate point out, federal, and intercontinental insurance policies and rules.”

Jeff was also a previous co-chair of the Securities Sector and Money Marketplaces Affiliation (SIFMA) Anti-Money Laundering Committee, member of FINRA’s Substantial Firm Advisory Committee and the U.S Treasury’s Lender Secrecy Act Advisory Group (BSAAG), representing equally the Securities and Crypto industries as perfectly as an energetic participant in FATF’s personal sector consultative initiatives.

Prior to signing up for Pershing, Jeff held management roles for compliance and AML courses for Citigroup, Goldman Sachs and Salomon Brothers. He started his career as a regulator with the Federal Deposit Insurance plan Corporation (FDIC) in the Division of Resolutions. He gained a Bachelor of Science degree in Economics from Trenton Point out School and holds the FINRA Sequence 7, 14, and 24 registrations.

BitGo is the leader in electronic asset money solutions, furnishing institutional buyers with liquidity, custody, and safety remedies. In 2020, BitGo released Key Trading and Lending, as perfectly as BitGo Portfolio and Tax, providing purchasers with a entire-stack option for electronic assets. In 2018, it launched BitGo Have confidence in Enterprise, the 1st skilled custodian intent-crafted for storing electronic belongings. BitGo processes about 20% of all world Bitcoin transactions, and supports around 300 cash and tokens. BitGo’s client foundation incorporates the world’s biggest cryptocurrency exchanges and institutional traders and spans a lot more than 50 nations around the world. BitGo is backed by Goldman Sachs, Craft Ventures, Electronic Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners. For extra information, remember to check out

The information in this press launch is not an present to sell or solicitation of an offer you to acquire an curiosity in any investment decision or for the provision of any expenditure management or advisory expert services. Custody solutions are supplied by BitGo Believe in Enterprise, a South Dakota chartered believe in corporation. BitGo is not registered with the SEC as an financial investment advisor or custodian, and does not offer you legal, tax, investment, or other guidance. Be sure to seek advice from your legal/tax/financial investment specialist for questions about your precise circumstances.

BitGo Have faith in Firm, BitGo Inc., and BitGo Key LLC are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, CA.


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