BitGo welcomes former Coinbase executive as Chief Compliance Officer
By Pavithra R
BitGo Prime, a digital asset financial services company has announced the appointment of Jeff Horowitz as Chief Compliance Officer (CCO). In this role, Jeff will oversee BitGo’s Compliance and Anti-Money Laundering programs across the enterprise to meet the standards of compliance and regulatory requirements.
Most recently, Jeff was the CCO for Coinbase, where he led the firm’s global compliance program, managed regulatory and bank partner relationships and helped to shape Crypto, AML and FATF regulation with foreign and domestic regulators. Prior to joining Coinbase, Jeff spent over a decade with Pershing in various leadership roles including as Managing Director (MD) and Global Head of Compliance; CCO, as well as the Firm’s Chief AML and OFAC Officer, responsible for the development and implementation of the firm’s Global AML Program. Before joining Pershing, Jeff held leadership roles for compliance and AML programs for Citigroup, Goldman Sachs and Salomon Brothers. He started his career as a regulator with the Federal Deposit Insurance Corporation (FDIC) in the Division of Resolutions.
“Jeff brings an extraordinary level of experience and insight that is vital to BitGo’s future growth, helping us gain even greater traction into new markets, expand our product offerings and strengthen our compliance and risk framework. As we move into the new year, we will see greater regulatory clarity for digital assets both here and abroad. Jeff’s knowledge of both traditional financial services and crypto markets will be critically important as we navigate state, federal, and international policies and regulations,” said Mike Belshe, CEO, BitGo.
Recently, BitGo reported an exceptional year of growth with $16 bn in assets under custody due to the accelerated interest by institutional investors seeking institutional-grade security and compliance, and a financial infrastructure for custody, trading and lending of their digital assets. Jeff’s leadership is expected to contribute to BitGo’s mission to build the world’s most secure and trusted global financial services system for digital assets.
Jeff was also a past co-chair of the Securities Industry and Financial Markets Association (SIFMA) AML Committee, member of FINRA’s Large Firm Advisory Committee and the U.S Treasury’s Bank Secrecy Act Advisory Group (BSAAG), representing both the Securities and Crypto industries as well as an active participant in FATF’s private sector consultative initiatives.
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