Coinbase Custody Trust Appoints New York Banking Regulatory Veterans Richard Neiman and Robert Easton to its Board of Directors

 

Today we’re announcing two new additions to the board of Coinbase Custody Trust Company, Richard Neiman and Robert Easton. Both bring decades of experience in financial services, public policy and banking operations. Their combined knowledge and judgment will help guide Coinbase Custody on its mission to be the most trusted and secure crypto custodian in the world.

Neiman and Easton’s experience is particularly important because Coinbase Custody is regulated by the New York Department of Financial Services (NYDFS). NYDFS regulates many trust companies, including the Depository Trust & Clearing Corporation, ICE Trust, and many other leading financial institutions. New York also was the first state to regulate crypto firms, starting in 2015 with the Bitlicense. NYDFS now regulates more than 20 crypto firms — more than any other state.

Given the critical role that NYDFS plays in regulating leading crypto companies, we’re honored to have Richard and Robert join our board. Both bring decades of experience at the highest levels of financial services operations and regulation.

Click here for complete news