- Rinaldi was most recently the chief compliance officer at Blockchain.com.
- He has also held various compliance roles at Deutsche Bank.
- He was a senior counsel in the enforcement division of the US Securities and Exchange Commission.
Crypto exchange, Kraken, has appointed CJ Rinaldi as chief compliance officer. He previously held the same role at Blockchain.com, where he was tasked with building out global compliance frameworks and mitigating compliance risk for the firm.
Prior to entering the Web3 space, Rinaldi spent nearly three decades in financial institutions. He spent over a decade at Deutsche Bank in various roles, including Chief Compliance Officer for its swap dealer and US broker dealer.
He also served as Head of Business Line Anti-Financial Crimes Compliance supporting Deutsche Bank’s investment arm, where he led a global team tasked with mitigating financial crime risk, implementing procedures and controls through effective and efficient operational solutions.
Prior to Deutsche Bank, Rinaldi worked at UBS Bank and UBS Investment bank in multiple roles over 10 years, including as Global Head of Client Infrastructure. He also served as Senior Counsel in the Enforcement Division of the U.S. Securities and Exchange Commission from 1991-1997.
The new hire comes after Binance poached Kraken’s former chief compliance officer in September.
“To accelerate the adoption of cryptocurrencies around the world, Kraken must continue to navigate an increasingly complex regulatory landscape,” said Kraken’s incoming CEO David Ripley. “CJ’s impressive international career in both the private and public sectors positions us for continued success in meeting global compliance needs.”
as the crypto space faces increased regulatory pressure following the FTX fallout, crypto platforms have been onboarding compliance talents.
Last month, digital banking platform, Cogni, hired seasoned crypto executive, Simon Grunfeld, as VP of Web3 to spearhead the platform’s Web3 expansion and regulatory compliance as new regulations are introduced.
In November, crypto trading firm, Talos, expanded its compliance and regulatory teams with two new hires to ensure that the company adheres to regulatory standards.
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