Singapore bitcoin exchange itBit executives to promote the introduction of regulatory compliance

Singapore bitcoin exchange itBit executives to promote the introduction of regulatory compliance

Singapore and New York 8, May 2014 / PRNewswire / — digital currency exchange services company itBit today announced two new team members, including the first Chief Compliance Officer Erik Wilgenhof Plante. He will be responsible for leading regulatory compliance and relevant work of the government. Join itBit and director Robert “Bobby” Cho, he will be responsible for the business.
ItBit CEO and co-founder Rich Teo said: “in itBit, regulatory compliance is our top priority, we are very proud to have the highest standards of the industry. We welcome Erik to bring him in terms of compliance with professional knowledge and leadership skills to help us continue to work together with the regulatory authorities, to help develop and coordinate policy to serve and protect consumers and businesses can.”
Wilgenhof Plante before joining itBit at PayPal (PayPal), responsible for supervising compliance where all of Southeast asia. He is in law and banking experience for 15 years has been focused on compliance areas in recent years, serving institutions including the DZ PRIVATBANK, Clariden Leu, the German commercial banks (Commerzbank) and the Bank of Holland (ABN AMRO). As the financial industry personnel engaged in supervision activities, he is the International Association of compliance (International Compliance Association) network president and member of the financial industry, certified professional (Financial Industry Certified Professional), and accepted the anti money laundering Association (Association of Certified Anti-Money Laundering Specialists) founding director of the Singapore Branch members.
ItBit Chief Compliance Officer Erik Wilgenhof Plante said: “the bitcoin virtual currency such as the huge possibility that people can be very fast and very low cost. In order to make the innovation can be widely adopted, trust is very important.” Wilgenhof Plante added in the company’s blog announcement said: “the establishment of itBit compliance, safety and customer experience as the core. With this long-term vision, we believe that we can establish the desired success institutions and retail investors trust.”
Wilgenhof Plante began his banking career in Amsterdam occupation of Bank of Holland in 1996. He won the University of Amsterdam (University of Amsterdam) Bachelor of law, Webster University, Saint Louis (Webster University) mba. 他的工作总部位于新加坡。
Cho joined itBit as director of the New York area, itBit is mainly responsible for business development and new projects. Before joining itBit, Cho for six years in SecondMarket responsible for bitcoin and other non current financial products and securities trading. He is now active in the bitcoin industry, and as a thought leader, he is a regular circle of speech. He holds the Vera Institute (Villanova University) degree.
Teo added: “Bobby is a bitcoin industry celebrities, we are very pleased to have his talent and insight.”
Cho said: “from the traditional Wall Street environment I saw a huge opportunity for reliable compliance bitcoin trading platform, will have an important impact on bitcoin sector growth. I am very pleased to join the itBit team, seize the opportunity to continue to bring trust and transparency to the market.”


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