PayPal CCO job-hopping, add bit currency trading platform Bitstamp

PayPal's chief Compliance Officer (CCO), Jean-baptiste Graftieaux, has moved to join the Bitcoin trading platform Bitstamp, which is one of the world's largest bitcoin exchanges by dollar volume.

Graftieaux joined PayPal in January 2009. In the company's Europe, Africa, the Middle East (EMEA) area as head of Department + Chief compliance officer. He is also the CCO of the online ticketing market StubHub.

"I was fascinated by Bitstamp's corporate culture and small partners. They are conscientious, optimistic and passionate. We all have a passion for the Bitcoin ecosystem. ”

Graftieaux is a bitcoin user with years of experience. After joining Bitstamp, Graftieaux is still responsible for dealing with compliance matters. It is noteworthy that he will also, on behalf of Bitstamp initiative and the regulator to negotiate to consolidate and upgrade the Bitcoin ecosystem.

The recruitment reflects Bitstamp's focus on compliance--October 16, Bitstamp announced that if the user does not authenticate the account within 28 days, the funds in the account may be confiscated by the authorities concerned, a statement that has aroused extensive discussion among users and the industry.

Talk about the trend of talent jumping into Bitcoin: it's not new in the payment industry, such as: former Visa director and CCO Tim Byun, former VeriFone CFO Bob Dykes, former Obopay CEO Carol realini--They all made it clear that Bitcoin = Disruptive payment technology.

The trend is also in the financial sector: many Wall Street players are starting to look at the bitcoin industry.

Speaking back to Bitstamp, it gained Pantera capital of $10 million in 2013. In recent weeks, China's dollar trading platform-such as Okcoin, Btchina, and so on-has had a big impact on Bitstamp trading volume. China Bitcoin's strategy to go to sea is now--I wonder if there will be such a trend: more overseas payments, and financial talent to jump to China to do business?