Copper Hires Tammy Weinrib as Chief Compliance Officer for Americas as it Expands in U.S.

Crypto custody firm Copper has hired Tammy Weinrib as its new chief compliance officer and Bank Secrecy Act (BSA) officer for the Americas, the company said in a press release Monday.

Weinrib will lead the firm's licensing drive in the U.S. market and will be part of Copper's executive team, based in New York.

Her hire is part of Copper's expansion in the U.S., and follows the appointment of Amar Kuchinad as global CEO in October last year.

Weinrib was previously employed as chief compliance officer and BSA officer at Binance.US. Prior to this she worked at crypto exchange Gemini.

She enjoyed a career in traditional finance before getting into crypto, with stints at Wall Street bank Citi (C), The Royal Bank of Scotland (RBS) and Standard Chartered (STAN).

"Her appointment marks an important step forward as we accelerate our growth strategy and expand our offering to traditional finance," said Amar Kuchinad, global CEO of Copper, in the release.

Copper said in December that it had withdrawn its application to become registered with the U.K.'s financial services regulator.

The decision was part of the company's strategic shift to focus on markets such as the U.S., Europe and the Middle East.

Read more: Crypto Custody Firm Copper Withdraws U.K. Registration Application