Tether raids Bank of Montreal for compliance role

Cryptocurrency startup Tether has hired Leonardo Real to serve as its new Chief Compliance Officer.

Real was previously AML Quality Control Manager at the Bank of Montreal.

“I look forward to helping showcase Tether’s commitment to transparency and regulatory compliance within the blockchain and cryptocurrency space,” he says. “As a longtime advocate of blockchain technology and the integration of cryptocurrencies into the mainstream, I am looking forward to putting my experience in AML and regulatory compliance in traditional financial institutions to use, to ensure that the Tether project can continue its work disrupting traditional industries.”

“Leonardo joins us on what has already been a remarkable journey to date disrupting the legacy financial system,” says Jean-Louis van der Velde, CEO of Tether. “His depth of experience managing AML risk in capital markets, as well as the wealth management and commercial banking sectors, combined with his proven expertise in quality control management and strategy formulation will make him an invaluable asset to our company. All of us at Tether have every confidence in his ability to oversee and manage all relevant compliance issues as we continue to move forward and grow.”

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