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Coinme® Appoints Robert Villaseñor as Chief Legal and Compliance Officer

Key Highlights:

  • Coinme appoints Robert Villaseñor as Chief Legal and Compliance Officer.

  • Villaseñor brings over 25 years of legal expertise to Coinme.

  • Previously served as General Counsel at MoneyGram International, Inc.

  • Villaseñor to focus on compliance and risk management during Coinme's expansion.

  • Coinme plans to expand its network of 40,000 crypto locations.

Source (PR Newswire)

Notable Quotes:

"On the heels of celebrating a decade in business and $1 billion dollars in retail sales, Coinme is proud to welcome Robert as its chief legal and compliance officer. He has a broad range of legal expertise with a unique understanding of the legal nuances of crypto, money transmission, state and federal regulation and consumer protection. He will be a valuable resource in helping us navigate our continued expansion."

Neil Bergquist, CEO and Co-founder at Coinme

"As Coinme continues to innovate and expand in the rapidly evolving cryptocurrency industry, I'm excited to join the team and help it navigate the complex legal and regulatory landscape. Ensuring compliance and minimizing risk while supporting strategic growth will be my top priority, and I look forward to contributing to the company's success and continued leadership in the market."

Robert Villaseñor, Chief Legal and Compliance Officer at Coinme®

Our Take:

The appointment of Robert Villaseñor as Chief Legal and Compliance Officer is a significant strategic move for Coinme, underscoring the company's dedication to regulatory compliance and risk management. Villaseñor's extensive experience in legal and compliance roles at major companies like MoneyGram International and Starbucks positions him as a crucial asset for Coinme. As the cryptocurrency industry continues to grow and evolve, having a seasoned expert to navigate the intricate legal landscape will be invaluable. Coinme's plans to expand its network and onboard new partners reflect its ambitious growth strategy, aiming to make cryptocurrency more accessible to the everyday consumer. This appointment signals Coinme's readiness to lead in the market while maintaining robust compliance and governance standards.