Gemini Europe — the UK and EU affiliate of the Winklevoss twins’ United States-based crypto trade Gemini — has appointed a brand new chief complia
Gemini Europe — the UK and EU affiliate of the Winklevoss twins’ United States-based crypto trade Gemini — has appointed a brand new chief compliance and cash laundering reporting officer.
As a part of the agency’s enlargement into the transatlantic market, the brand new appointee, Blair Halliday, will oversee Gemini Europe’s compliance program within the area.
A press launch revealed on Jan. 28 revealed that Halliday can be primarily based in London and report on to Gemini’s managing director of the U.Ok. and Europe, the former Sterling Bank executive Julian Sawyer.
A profession tackling monetary crime
Halliday previously served as chief compliance officer for crypto finance agency Circle throughout the Europe and the Center East and Africa area, the place he directed the agency’s international anti-money laundering compliance program.
Previous to this function, he served as government director of monetary crime and compliance at U.Ok. fintech CashFlows and as CCO at New York Inventory Trade proprietor Worldwide Foreign money Trade.
Earlier than his transfer into fintech and digital property, Halliday labored on the Royal Financial institution of Scotland for 14 years in numerous roles targeted on tackling monetary crime.
Guidelines and “considerate regulation”
The Winklevoss’ method to compliance has prior to now drawn some criticism from the extra libertarian fringe of the group, as with their “Crypto Wants Guidelines” ad campaign in 2019, which made a robust bid to remold crypto’s picture with an emphasis on strong regulation and compliance-driven market practices.
On the time, a senior Gemini government mentioned the shape believed crypto traders “deserve the very same protections” and requirements as these in conventional markets.
Within the platform’s current stage of European and U.Ok. enlargement, Cameron Winklevoss has continued to emphasise this agenda, writing in a weblog put up in December 2019 that:
“The idea of considerate regulation itself was first developed out of the teachings discovered in these [E.U. and U.K.] markets over centuries. Our ethos — to ask permission, not forgiveness — was a primary within the crypto trade and each honors and continues to construct on Europe and the UK’s custom of considerate regulation.”