Japanese Crypto Firm Snaps up a Deutsche Bank Heavyweight for Strategist RoleJapanese crypto firm FXcoin has recruited Deutsch Banks former foreign-exchange dealer, Yasuo Matsuda as a senior strategist for the cryptocurrency startup.
According to Business Times. the Japanese cryptocurrency startup which was founded by Deutsch Bank AG veteran, Tomoo Oshi, hired the alumnus of the German lender to furnish the startup with daily reports on market speculations beginning from this month, September 2018.
FXcoin Ltd. plans to engage in the exchange of Bitcoin among other virtual currencies once it finalizes regulatory approval from Japans Financial Services Agency. Matsudas experience is expected to come to the fore in the provision of research on digital tokens.
Yasuo Matsuda worked with Deutsche Bank as a foreign exchange dealer for six years, and his expertise in the brokerage industry will be of immense benefit to the startup. Onishis foresight prompted this timely recruitment in the wake of similar moves being made by other firms in the industry.
Following his decision to begin the cryptocurrency startup, Onishi resigned from his position as head of currency sales at Deutsche Bank and recruited professionals in the banking industry. Top among his recruits were Nomura Holdings Inc., HSBC Holding Plc, Mitsubishi UFJ Financial Group and his former employer.
FXcoin Ltd. leveraged on the licensing system introduced by Japans Financial Service Agency in 2017 to seek approval as a cryptocurrency exchange firm. The new licensing system became imperative following Coinchecks loss of assets worth about U$500 million in a hack that happened in January.
https://www.ccn.com/japanese-crypto-firm-snaps-up-a-deutsche-bank-heavyweight-for-strategist-role/
