Circle Onboards Former CFTC Chair
Stablecoin issuer Circle has announced the appointment of Heath Tarbert as the new Chief Legal Officer and Head of Corporate, effective from 1 July 2023. The appointment came after Circle obtained a payment institution license in Singapore.
“As we continue building a bridge between traditional finance and Web3, Heath’s perspective, legal acumen, and global regulatory experience will help us advance the utility value of USDC worldwide,” said Jeremy Allaire, Circle’s co-founder and CEO.
Heath Tarbert
Tarbert will join Circle from Citadel Securities Group, where he has been the Chief Legal Officer for the past two years. He was also the Chair and Chief Executive of the US Commodity Futures Trading Commission. He also served for a couple of years in roles at the US Department of the Treasury.
Exness Names New Global Head of Talent Acquisition
Cyrus-headquartered Exness promoted Mark Harrison as the Global Head of Talent Acquisition. He joined the broker in September 2017 and previously held the Head of Talent Acquisition role.
“I am truly honored to have this incredible opportunity to lead our global strategic initiatives and drive the recruitment efforts that will enable us to attract and acquire top talent from all around the world,” Harrison added.
Mark Harrison, Global Head of Talent Acquisition at Exness
“This promotion marks a significant milestone in my career, and I am eager to take on the challenges and opportunities that lie ahead.”
Harrison had a long career in the recruitment field and was part of the human resource team at the Finance Accreditation Agency, Citi, Huawei, and a few others.
Marqeta Shuts Australia Office
Marqeta, a global card issuing company, has closed its Australia office to cut operational expenses. The company posted a net loss of $69 million in the first quarter of 2023, which included a $32 million one-time noncash post-combination compensation expense linked to the Power acquisition.
“All existing Marqeta customers in Australia will continue to be supported by our US office. This doesn’t impact their business,” a Marqeta spokesperson said, adding that “all recently signed customers that are currently being onboarded will be supported,” and the company will “continue to support our global customers who want to expand into Australia.”
Nexdesk Enters Europe with B2B Crypto OTC Desk
Nexdesk has launched its B2B self-service digital asset OTC trading desk for European users. It enables B2B businesses to execute trades around the clock and offer digital assets like USDC, BTC, USDT, and ETH.
The company has partnered with Nexpay, a Lithuania-licensed Electronic Money Institution (EMI), to offer banking and crypto operations.
“The OTC desk permits customers to execute large-volume trades with minimal price slippage,” said Uldis Tēraudkalns, CEO at Nexpay.
“Partnering with Nexdesk, we aim to provide a seamless user experience while prioritizing compliance, security, and customer satisfaction. As a licensed EMI, Nexpay abides by strict rules, and all customer funds are kept in segregated client accounts within the Bank of Lithuania, which is an integral part of the Eurosystem, giving our clients a very high level of security.”
Ouinex Closes Pre-ICO Raising Over $2 Million
Ouinex, the cryptocurrency exchange launched by FX industry veteran Ilies Larbi, has closed the pre-seed (pre-ICO) funding raising more than $2 million. The company highlighted that the funding came from its user base of “over 1000 FX, CFDs, and equities traders” when the sentiment across Web3 and capital markets is bearish.
Ilies Larbi, Co-Founder and CEO at Ouinex
“This fundraiser represents the unequivocal confidence our users have in our ability to build one of the best performing crypto asset exchange platforms in the world,” Larbi, who is leading the platform as the CEO, said.
The upcoming crypto exchange earlier partnered with Interactive Trading (IVT), a France-based trading academy hosting a community of 150,000 active traders. It is now aiming to launch the trading platform in Q1 2024.
Circle Onboards Former CFTC Chair
Stablecoin issuer Circle has announced the appointment of Heath Tarbert as the new Chief Legal Officer and Head of Corporate, effective from 1 July 2023. The appointment came after Circle obtained a payment institution license in Singapore.
“As we continue building a bridge between traditional finance and Web3, Heath’s perspective, legal acumen, and global regulatory experience will help us advance the utility value of USDC worldwide,” said Jeremy Allaire, Circle’s co-founder and CEO.
Heath Tarbert
Tarbert will join Circle from Citadel Securities Group, where he has been the Chief Legal Officer for the past two years. He was also the Chair and Chief Executive of the US Commodity Futures Trading Commission. He also served for a couple of years in roles at the US Department of the Treasury.
Exness Names New Global Head of Talent Acquisition
Cyrus-headquartered Exness promoted Mark Harrison as the Global Head of Talent Acquisition. He joined the broker in September 2017 and previously held the Head of Talent Acquisition role.
“I am truly honored to have this incredible opportunity to lead our global strategic initiatives and drive the recruitment efforts that will enable us to attract and acquire top talent from all around the world,” Harrison added.
Mark Harrison, Global Head of Talent Acquisition at Exness
“This promotion marks a significant milestone in my career, and I am eager to take on the challenges and opportunities that lie ahead.”
Harrison had a long career in the recruitment field and was part of the human resource team at the Finance Accreditation Agency, Citi, Huawei, and a few others.
Marqeta Shuts Australia Office
Marqeta, a global card issuing company, has closed its Australia office to cut operational expenses. The company posted a net loss of $69 million in the first quarter of 2023, which included a $32 million one-time noncash post-combination compensation expense linked to the Power acquisition.
“All existing Marqeta customers in Australia will continue to be supported by our US office. This doesn’t impact their business,” a Marqeta spokesperson said, adding that “all recently signed customers that are currently being onboarded will be supported,” and the company will “continue to support our global customers who want to expand into Australia.”
Nexdesk Enters Europe with B2B Crypto OTC Desk
Nexdesk has launched its B2B self-service digital asset OTC trading desk for European users. It enables B2B businesses to execute trades around the clock and offer digital assets like USDC, BTC, USDT, and ETH.
The company has partnered with Nexpay, a Lithuania-licensed Electronic Money Institution (EMI), to offer banking and crypto operations.
“The OTC desk permits customers to execute large-volume trades with minimal price slippage,” said Uldis Tēraudkalns, CEO at Nexpay.
“Partnering with Nexdesk, we aim to provide a seamless user experience while prioritizing compliance, security, and customer satisfaction. As a licensed EMI, Nexpay abides by strict rules, and all customer funds are kept in segregated client accounts within the Bank of Lithuania, which is an integral part of the Eurosystem, giving our clients a very high level of security.”
Ouinex Closes Pre-ICO Raising Over $2 Million
Ouinex, the cryptocurrency exchange launched by FX industry veteran Ilies Larbi, has closed the pre-seed (pre-ICO) funding raising more than $2 million. The company highlighted that the funding came from its user base of “over 1000 FX, CFDs, and equities traders” when the sentiment across Web3 and capital markets is bearish.
Ilies Larbi, Co-Founder and CEO at Ouinex
“This fundraiser represents the unequivocal confidence our users have in our ability to build one of the best performing crypto asset exchange platforms in the world,” Larbi, who is leading the platform as the CEO, said.
The upcoming crypto exchange earlier partnered with Interactive Trading (IVT), a France-based trading academy hosting a community of 150,000 active traders. It is now aiming to launch the trading platform in Q1 2024.
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- Source: https://www.financemagnates.com//forex/news-nuggets-8-june-ex-cftc-chair-joins-circle-marqeta-shuts-aussie-office/
