Gemini Hires Former Circle Compliance Officer to Oversee European Market

Blair Halliday becomes chief compliance officer for the U.K. and Europe at Gemini as the EU's Fifth Anti-Money Laundering Directive (AMLD5) goes into effect.

AccessTimeIconJan 28, 2020 at 5:00 a.m. UTC
Updated May 9, 2023 at 3:05 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Cryptocurrency exchange Gemini has hired former Circle Compliance Officer Blair Halliday as chief compliance officer and money laundering reporting officer for the U.K. and Europe, the company announced Tuesday.

Halliday will report to Gemini’s managing director of U.K. and Europe, Julian Sawyer, and will work closely with the firm’s New York City-based chief compliance officer, Noah Perlman, who was formerly global head of financial crimes at Morgan Stanley.

  • SEC Asking for Ether ETF Filings Update Is 'Somewhat Surprising': Legal Expert
    00:38
    SEC Asking for Ether ETF Filings Update Is 'Somewhat Surprising': Legal Expert
  • MOG Rallies on Anticipation of Spot Ether ETF Approval
    00:56
    MOG Rallies on Anticipation of Spot Ether ETF Approval
  • Ether Jumps on Spot ETF Hopes; Hex Trust Issues Stablecoin on Flare
    01:59
    Ether Jumps on Spot ETF Hopes; Hex Trust Issues Stablecoin on Flare
  • 'Sky Is the Limit' for Bitcoin: Expert
    00:53
    'Sky Is the Limit' for Bitcoin: Expert
  • The move comes as ramped-up regulations go into effect with the European Union’s Fifth Anti-Money Laundering Directive (AMLD5), which requires crypto firms to demonstrate compliance with enhanced know-your-customer (KYC) and anti-money-laundering (AML) procedures.

    Halliday’s first project will be ensuring Gemini’s risk management practices are in place as the U.K.’s Financial Conduct Authority reviews its e-money license application, Sawyer said.

    “At the moment, our customers in the U.K. have to send money to the U.S. as a wire transfer,” Sawyer said. “An e-money license would allow them to deposit local currency without foreign exchange [costs].” 

    At Circle, Halliday was chief compliance officer for Europe, the Middle East and Africa. Before that, he was executive director of financial crime and compliance at fintech startup CashFlows and chief compliance officer at the International Currency Exchange. He began his career at the Royal Bank of Scotland, where he spent 14 years in financial crime–related roles.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.