European crypto exchange, Currency.com announced on Tuesday the appointment of Steve Gregory as the Chief Executive of its United States subsidiary, Currency Com US LLC.
He has already assumed the leadership role earlier this month and will be responsible for developing and managing Currency.com’s growth strategy in the United States and Canada.
Gregory has extensive working experience in the digital currency space and is an expert in the legal area. Before joining Currency.com, he was previously the Chief Compliance Officer and Corporate Counsel at CEX.IO, another crypto exchange.
Based in New York, he also spent more than two years as a Compliance Officer at the Winklevoss-twins established crypto exchange and custodian Gemini and played a crucial role in the company’s US expansion. He started his legal practice in 2007 and spent time with several law firms.
“As the cryptocurrency space grows in popularity, it’s imperative that we continue to uphold the highest regulatory and compliance standards to help more people invest with confidence,” Gregory said in a statement.
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“I am looking forward to contributing to the long-term success of the business.”
Trading Activity Skyrockets
Gregory joined Currency.com at a time when the exchange witnessed a record in its trading activity. According to the crypto exchange, the number of its new clients skyrocketed by 250 percent in the first three months of 2021 when compared with the figures of the previous quarter.
In addition, the total number of executed trades went up by 134 percent quarter-over-quarter.
“Strong growth in recent months has accelerated our expansion plans, encouraging us to bolster our various country teams,” Currency.com’s Head of Strategy, Vitalii Kedyk, said.
“Steve’s knowledge and experience in the global and US cryptocurrency space combined with his phenomenal eye for legal oversight makes him a great fit for us. As a company, it is our aim to grow our regulatory footprint and enable our clients to buy, trade and invest in cryptocurrencies with ease and security.”