The American cryptocurrency exchange has appointed four new executives to its European team to help further conquer the continent.
Coinbase has hired Michael Schroeder and Cormac Dinan as new directors of its Germany and Ireland divisions, respectively. Previously, Schroeder was the director of compliance and risk management for trading platform Bittrex. Dinan was the general manager of Crypto.com in Ireland.
The trading platform management has also appointed Elke Karskens and Patrick Elyas as Director of the company in the UK and Director of Market Expansion for Europe, the Middle East and Africa (EMEA), respectively. The exchange said it plans to introduce new products, increase the number of customers and collaborate with policymakers and regulators across Europe.
Coinbase has announced that the European Economic Region (EMEA) is leading the way in developing prudent regulation of the crypto industry thanks to regulatory changes in the EU, UK and UAE.
Coinbase previously informed shareholders of a 28% decline in revenue in the third quarter of the year, from $803 million to $576 million, as a result of a drop in trading volume.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
