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Canadian crypto exchange Coinsquare announces leadership changes

Canadian crypto exchange Coinsquare announces leadership changes

Canadian crypto trading platform Coinsquare is shaking up its board of directors, the exchange announced Wednesday. 

According to an official announcement, executives Nicholas Thadaney and Wendy Rudd will join the board. Both have experience in Canadian securities regulation, investment dealer operations and regulated marketplaces, the announcement stated. 

Their appointments come shortly after Coinsquare confirmed Stacey Hoisak as its new CEO, Lawrence Truong as CCO and Eric Richmond as COO. 

“The measures we have taken are in strict adherence to regulatory requirements and demonstrate Coinsquare’s strengthened commitment to our clients, employees, shareholders, and the digital asset community,” said Hoisak. “Our goal is to create a customer-centric safe place for Canadians to trade digital assets.”

The exchange made headlines in June after it said an internal theft in 2019 resulted in personal information of some of its customers landing in the hands of a hacker or group of hackers.

© 2020 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.

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Author: Saniya More