<p>Crypto exchange Coinbase has appointed Marcus Hughes as the new general manager overseeing its European operations, the company <a href="https://blog.coinbase.com/welcoming-marcus-hughes-our-new-gm-for-europe-d123f395bcd2">announced</a> Tuesday.</p> <p>Hughes served as general counsel for Coinbase's international operations for the past two years. Prior to his time at Coinbase, Hughes spent nearly a decade at Morgan Stanley, where he was an executive director in its legal and compliance division.</p> <p>According to the announcement, Hughes will now be responsible for scaling operations across Europe as well as "bringing to market the products and features that our customers want."</p> <p>Last year, the exchange launched Coinbase Card, a Visa debit card that enabled customers in the U.K. and 26 European countries to spend crypto as they would money from traditional bank accounts.</p> <p>In 2018, Coinbase became the first crypto company to receive an E-Money license as well as access to the Faster Payments Scheme, which gave its users access to instant deposits and withdrawals.</p>