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Bitstamp, Europe's largest crypto exchange, has appointed former chief compliance officer (CCO) and Europe CEO JB Graftieaux as its new global CEO following the departure of former CEO Julian Sawyer.
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Sawyer, who joined Bitstamp in October 2020, had left the firm to "pursue other opportunities," Bitstamp announced on Monday.
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Graftieaux served as Bitstamp's CCO from November 2014 to February 2016. He also enjoyed five-year spells at PayPal (PYPL) from 2009 to 2014 and eBay (EBAY) from 2016 to 2021.
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Bitstamp credits Graftieaux with obtaining regulatory licenses for its European Union-based operations while he was CCO, as well as accelerating the firm's growth in Europe over the last year.
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Last month Bitstamp revealed its plans to spur growth in the U.S., with the extension of its "Bitstamp-as-a-Service" offering to stateside banks and fintechs, enabling them to provide digital asset services to their customers.
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