Julian Sawyer, Gemini's former Managing Director for Europe, has officially become Bitstamp's new Chief Executive, the exchange announced in an official blog post.
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Prior to Bitstamp, Sawyer co-founded Starling Bank, where he served as COO until 2019. Sawyer also worked as a consultant and advisor to other banks and founded Bluerock Consulting, a financial management consulting firm.
Bitstamp says Sawyer’s expertise in the global finance makes him "uniquely suited to lead Bitstamp."
"He understands the possibilities that cryptocurrency holds for the world and how to integrate it with existing financial structures," the exchange said.
Sawyer's appointment comes after Bitstamp introduced an additional layer of protection for the cryptocurrencies stored on the platform.
With the new crime insurance policy that covers an array of crime-related cases users can protect not only online, but also offline assets. Bitstamp says the insurance is provided by Paragon International Insurance Brokers with Woodruff Sawyer.
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