Trading places, 16 June, 2014

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Trading places

Ex-Visa AML officer joins bitcoin PSP firm

BitPay, a bitcoin payment service provider (PSP), has hired Tim Byun as its chief compliance officer. Byun joins from Visa, where he was anti-money laundering officer and head of global credit settlement risk for five years. Previously, he spent nine years as the examining manager at the Federal Reserve Bank of San Francisco. "As the bitcoin industry continues to grow, BitPay wants to ensure our policies and procedures fall in line with various state

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