Cryptocurrency Exchange

Huobi’s Partner – HBUS Appoints COO, an Ex-PWC and Intuit Compliance Director

HBUS

The hiring spree in the crypto industry has accelerated following the success of crypto exchanges’ existence successfully. The sixth largest crypto exchange – Huobi’s strategic partner, HBUS has recently appointed new Chief Compliance Officer (COO). The news came in to effect through a press release by Cointelegraph on 11th October.

According to CoinMarketCap, Huobi has traded approximately $415.3 million trade in terms of volume in the last 24 hours, whereas HBUS has traded almost $1.5 million at the same time.

With the new appointment of Mean Monroe-Coleman as COO in place, she has worked as Compliance Office at MTL, a firm acquired by U.S. software giant Intuit. Monroe is believed to have leveraged its legal expertise in order to execute the successful acquisition of MTL by Intuit. She has also worked with PricewaterhouseCoopers, one of Big Four Global Auditing firm for more than seven years. Out of the entire seven years, she worked for five years as ‘compliance director’ with PwC as stated in her LinkedIn profile. She has spent more than 15 years in the law and compliance related activities.

However, now she is actively focusing on Fintech and Financial Services in order to consolidate her career with the new age tech – Blockchain.

While elaborating more about her candidature, she created and executed the anti-money laundering (AML) Compliance program for Mint while working at Intuit. Additionally, she directed the Strategy on Money Transmission Licensing domain for Intuit’s regulated payments products.

With strict laws and compliance based knowledge and expertise in place, she is believed to execute the decision in any industry in a fair and ethical manner. She further emphasizes and ensures the safe and secure operations when it comes to trade in crypto industry.

As stated earlier, Huobi set up HBUS (through its strategic partnership) in June 2018 with headquartered in San Francisco focusing the U.S. base digital assets. When compared with other crypto exchanges – Binance and OKEx, the Huobi having a diversified product portfolio is well known to expand its services across the globe. Besides HBUS venture, the company is said to have created a partnership (by holding a majority stake) with Japan-based FSA Licensed crypto exchange – Bit Trade and another one (with the controlling stake) with Hong Kong-based listed entity – Pantronics Holdings in September 2018.

At the beginning of this year, Huobi set up a South Korean subsidiary with an office in London having actively focused on Over The Counter (OTC) trading test which is expected to initiate at the end of this year!!

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