Coinme names ex-Robinhood exec Brian Reisback as chief compliance officer

Coinme, a cryptocurrency cash exchange in the U.S., named Brian Reisbeck as its chief compliance officer, after having served as chief compliance officer of a "major U.S.-based crypto exchange." Law360 reported that Reisbeck was formerly with Binance.US. Before that, he served as anti-money laundering compliance officer at Robinhood (NASDAQ:HOOD). While there, he helped launch the fintech's crypto trading platform and implemented, managed, and supervised Robinhood's enterprise-wide anti-money laundering and compliance programs. Coinme said its focus this year will be to continue working with regulators as it prepares for national and international expansion and onboarding new partners. Over the last several years the company expanded to offer the sale of bitcoin (BTC-USD) with cash at thousands of locations in 48 U.S. states. In 2021, it received licenses to operate in Florida, North Carolina, Connecticut, and Alaska. Last month, MoneyGram International (NASDAQ:MGI) made a strategic minority investment in Coinme.