CFTC acting chief Caroline Pham joins MoonPay
A key US markets enforcer is switching from regulation to crypto innovation. Crypto payments firm MoonPay confirmed that Caroline D. Pham, the acting Chair of the US Commodity Futures Trading Commission (CFTC), will join the company as its Chief Legal Officer.
Trump has nominated Michael Selig, a lawyer with extensive crypto policy experience, to become the permanent CFTC chair. His nomination is still pending a final vote in the Senate.
Learn more about CFTC’s leadership shake-up and Pham’s move into crypto.
Deriv names new Chief Growth Officer
In the CFD space, Deriv promoted Prakash Bhudia as Chief Growth Officer. The move followed a period that saw the broker secure new licenses and further consolidate its executive leadership under CEO Rakshit Choudhary.
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Bhudia joined Deriv in 2022 as Head of Dealing before stepping into the role of Head of Trading and Growth. He brings close to 20 years of trading and risk management experience across key global financial hubs, including Tokyo, New York, and London.
Show more about Deriv's promotion of Prakash Bhudia as Chief Growth Officer.
TradeLocker hires trading tech veteran
At the same time, TradeLocker brought Alex Skolar as Chief Product Officer. Skolar joined the trading technology firm from London-based Velexa, part of EXANTE, where he held the same role.
Based in London, Skolar brings nearly three decades of trading technology experience from leading industry brands. He previously served as Head of Product and Platform Management at ThinkMarkets.
Display more about TradeLocker's appointment of Alex Skolar as Chief Product Officer.
Sam Irwin Joins Crypto.com as Director of VIP Relationship Management
In the crypto space, Sam Irwin joined Crypto.com as Director of VIP Relationship Management. His move follows Crypto.com’s acquisition of Cyprus-based A.N. Allnew Investments Ltd, a CySEC-regulated broker holding a MiFID license, and the firm’s hiring of former IG Group CEO Kevin Algeo as Senior Vice President of Capital Markets..
Irwin previously spent around 18 years at IG Group in a range of senior positions. His most recent role there was Head of Client Management for the UK.
Highlight more about Sam Irwin's transition to Crypto.com.
N26 hires UBS executive Mike Dargan as CEO
Another major move involved N26's choosing of UBS Group AG senior executive Mike Dargan as its next CEO, a move that comes as the Berlin-based neobank faces fresh restrictions from Germany’s financial regulator BaFin.
Dargan brings more than 25 years of international banking and fintech experience, including senior roles at UBS, Standard Chartered, and Merrill Lynch. At UBS, he most recently served as Group Chief Operations and Technology Officer, where he led the bank’s global digitization strategy.
Show more about N26 appointment of UBS' executive as CEO.
IG CEO joins Sportradar board as firm eyes prediction markets
Lastly, Sportradar Group AG elected IG Group CEO Breon Corcoran to its Board of Directors as it explores expansion into iGaming and prediction markets while keeping its core focus on sports-centric products.
The company has started piloting its iGaming offering in Brazil, using AI-powered client acquisition and retention tools within an integrated model. Sportradar intends to scale this approach into larger jurisdictions, including the US, if the Brazilian rollout proves successful.
Learn more about IG CEO new role at Sportradar board.
