Coinbase Hires Top Manager Fannie Mae As Chief Legal Officer
Cryptocurrency exchange Coinbase has hired a new head of legal affairs, thus continuing to add valuable talent to its leadership team. Writes about this CoinDesk.
Former executive vice president, chief legal adviser and corporate secretary of the largest US mortgage agency Fannie Mae, Brian Brooks will become the chief lawyer of the cryptocurrency exchange, where he will deal with interaction with regulators and related issues. Working for Fannie Mae, Brooks led a 200-person team specializing in financial services.
Coinbase CEO Brian Armstrong said his company expects to benefit from Brooks’ expertise in the legal and regulatory arenas, adding, “Joining Brooks is part of our initiative to build capacity around legal, compliance and government relations. We intend to open a new chapter for our company and the cryptocurrency industry as a whole “.
Former Coinbase Chief Legal and Risk Officer Mike Lempres will now take charge of government and company operations in the Blockchain Association, of which the exchange is a founding member, as well as the development of the political action committee, which was founded this summer..
Over the past 10 months, the exchange has hired vice presidents of finance, communications, development, as well as directors of finance and legal compliance. On Tuesday, it became known that LinkedIn top manager Michael Lee is joining Coinbase to work with data..
In addition, the exchange recently announced that it will recruit over 100 employees for its New York office..
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