Coinbase Makes 4 New Appointments to Bolster European Expansion

The crypto exchange said the EMEA region is "leading the charge" on building sensible regulation for the industry

AccessTimeIconNov 28, 2022 at 12:09 p.m. UTC
Updated May 9, 2023 at 4:03 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Cryptocurrency exchange Coinbase (COIN) has made four new appointments to its European team to help further its expansion across the continent.

The exchange has hired Michael Schroeder as director of controls for Germany and Cormac Dinan as country director for Ireland.

  • What South Korea's Latest Election Means for Crypto Adoption in the Country
    00:38
    What South Korea's Latest Election Means for Crypto Adoption in the Country
  • Hong Kong Approving an Ether ETF Could Be a 'Surprise,' Analyst Says
    00:52
    Hong Kong Approving an Ether ETF Could Be a 'Surprise,' Analyst Says
  • What South Korea's Elections Mean for Crypto; The Potential for Spot BTC and ETH ETFs in Hong Kong
    19:02
    What South Korea's Elections Mean for Crypto; The Potential for Spot BTC and ETH ETFs in Hong Kong
  • Would You Get Paid in Crypto?
    00:57
    Would You Get Paid in Crypto?
  • Schroeder was previously chief compliance and risk officer for crypto trading platform Bittrex. Dinan was Crypto.com's general manager for Ireland.

    Coinbase has also promoted Elke Karskens to serve as country director for the U.K. and Patrick Elyas to be director of market expansion in the Europe, Middle East and Africa region.

    The exchange plans to roll our new products, increase the number of customers and collaborate with policymakers and regulators across Europe. Coinbase said the EMEA region is "leading the charge" on building sensible regulation for the crypto industry, citing regulatory developments in the European Union, the U.K. and the United Arab Emirates.

    Like most other large crypto firms, Coinbase has been tightening its belt with this year's downturn in the crypto market, which has been exacerbated by the collapse of rival exchange FTX this month. In June, Coinbase said it was laying off 1,100 employees, and then it laid off 60 more people from its recruiting and institutional onboarding teams earlier this month.




    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.

    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.


    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.