<p><span style="font-weight: 400">Crypto exchange Coinbase is reinforcing its European senior positions with a series of new hires and promotions, Bloomberg <a href="https://www.bloomberg.com/news/articles/2022-11-28/coinbase-coin-names-four-new-executives-to-lead-emea-expansion-efforts">reports</a>.</span></p> <p><span style="font-weight: 400">Crypto.com’s former general manager has come on board as country director for Ireland. The new director of controls in Germany is Michael Schroeder, leaving behind his position at smaller crypto exchange Bittrex as chief compliance and risk officer. In the UK, Elke Karskens is moving from senior director of marketing to regional director.</span></p> <p><span style="font-weight: 400">The new hires come after, one week ago, Coinbase shares </span><a href="https://www.theblock.co/post/188833/coinbase-shares-hit-all-time-low-monday-as-centralized-exchanges-deal-with-ftx-fallout" target="_blank" rel="noopener"><span style="font-weight: 400">hit</span></a><span style="font-weight: 400"> an all-time low. Earlier in November, Coinbase </span><a href="https://www.theblock.co/post/185626/coinbase-layoffs-more-than-60-recruiting-onboarding-employees" target="_blank" rel="noopener"><span style="font-weight: 400">said</span></a><span style="font-weight: 400"> that the company was laying off more than 60 employees. The exchange’s chief product officer, Surojit Chatterjee, will also be stepping down effectively at the end of the month following reorganization.</span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>