What to know:
- Tammy Weinrib has been appointed as the chief compliance officer for Copper in the Americas.
- She brings previous experience from her roles at crypto exchanges Binance.US and Gemini.
- Weinrib will spearhead the company’s licensing initiatives within the U.S. market, as stated by Copper.
Crypto custody provider Copper has announced the hiring of Tammy Weinrib as its chief compliance officer and Bank Secrecy Act (BSA) officer for the Americas. This strategic move aims to bolster the company’s efforts in expanding its operations within the United States. Weinrib will lead the firm’s licensing pursuits and will be integrated within Copper’s executive team, operating out of New York.
This addition is indicative of Copper’s ongoing growth strategy, especially following the appointment of Amar Kuchinad as the global CEO last October.
Prior to her role at Copper, Weinrib held the position of chief compliance officer and BSA officer at Binance.US. Her remarkable career also includes significant roles at Wall Street banking institutions such as Citi, The Royal Bank of Scotland, and Standard Chartered.
“Her appointment marks a pivotal progression as we propel our growth strategy and broaden our offerings to traditional finance,” said Amar Kuchinad in the company’s announcement.
Copper had previously confirmed its decision to withdraw its application for registration with the UK’s financial services regulator in order to concentrate on its operations in markets like the U.S., Europe, and the Middle East.
Read more: Crypto Custody Firm Copper Withdraws U.K. Registration Application
