Crypto exchange Bitstamp announced on Monday the appointment of JB Graftieaux as the new global Chief Executive Officer, replacing Julian Sawyer who departed “to pursue other opportunities.”
Before taking up the apex role, Graftieaux was Bitstamp’s Europe CEO. Before re-joining the European crypto exchange in May 2021, he also served as its Chief Compliance Officer from 2014 to 2016. Then he played a crucial role in obtaining regulatory licenses for the exchange’s European Union operations.
The crypto exchange also credits Graftieaux for accelerating its European growth and also for securing several institutional partners.
“Together with our highly experienced Executive Leadership Team, and more than 500 employees, we are well positioned to continue to accelerate crypto access for our valued clients and partners across the globe. As Global CEO, I look forward to building on this strong foundation,” Graftieaux said.
A Payments Executive
Apart from his tenure at Bitstamp, Graftieaux was a long-time executive at eBay and PayPal. He was eBay’s Managing Director for payments
Payments
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
Read this Term in Europe for more than five years and also PayPal’s Chief Compliance Officer for EMEA for almost six years.
He also worked with companies like Landsbankinn, KPMG and Accenture Interactive.
“JB was with Bitstamp in its early days, and has admirably led our European business over the past year. We’re pleased to welcome a CEO with such an impressive track record, and very much look forward to the contribution and perspective he will bring to the company in his new role,” said Nicolas Huss, Bitstamp’s Chairman.
Meanwhile, the crypto exchange is expanding its reach globally. Last month, it unveiled its plans to accelerate US growth with the extension of “Bitstamp-as-a-service” which enables financial institutions to provide digital asset services.
Crypto exchange Bitstamp announced on Monday the appointment of JB Graftieaux as the new global Chief Executive Officer, replacing Julian Sawyer who departed “to pursue other opportunities.”
Before taking up the apex role, Graftieaux was Bitstamp’s Europe CEO. Before re-joining the European crypto exchange in May 2021, he also served as its Chief Compliance Officer from 2014 to 2016. Then he played a crucial role in obtaining regulatory licenses for the exchange’s European Union operations.
The crypto exchange also credits Graftieaux for accelerating its European growth and also for securing several institutional partners.
“Together with our highly experienced Executive Leadership Team, and more than 500 employees, we are well positioned to continue to accelerate crypto access for our valued clients and partners across the globe. As Global CEO, I look forward to building on this strong foundation,” Graftieaux said.
A Payments Executive
Apart from his tenure at Bitstamp, Graftieaux was a long-time executive at eBay and PayPal. He was eBay’s Managing Director for payments
Payments
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
Read this Term in Europe for more than five years and also PayPal’s Chief Compliance Officer for EMEA for almost six years.
He also worked with companies like Landsbankinn, KPMG and Accenture Interactive.
“JB was with Bitstamp in its early days, and has admirably led our European business over the past year. We’re pleased to welcome a CEO with such an impressive track record, and very much look forward to the contribution and perspective he will bring to the company in his new role,” said Nicolas Huss, Bitstamp’s Chairman.
Meanwhile, the crypto exchange is expanding its reach globally. Last month, it unveiled its plans to accelerate US growth with the extension of “Bitstamp-as-a-service” which enables financial institutions to provide digital asset services.
Source: https://www.financemagnates.com/executives/moves/bitstamp-names-jb-graftieaux-global-ceo-as-julian-sawyer-departs/