The head of policy at widely-used U.S. based cryptocurrency exchange Coinbase, Michael Lempres is leaving the company for a position at a venture capital firm, according to the report of Bloomberg.
As it was stated by Bloomberg, Michael Lempres was promoted back in September when Brian Brooks took over his post as a chief legal and risk officer, a role that Lempres served as for over a year.
It is expected that Coinbase’s head of policy will embark on a new job at Andreessen Horowitz — one of the exchange’s early investors and venture firm. For now, There is no information on who is going to take over the job of head of policy at Coinbase.
Andreessen Horowitz is a Silicon Valley-based VC firm that was founded in 2009 by Marc Andreessen and Ben Horowitz and has made numerous investments in major tech and blockchain companies.
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