In a strategic move to bolster its regulatory capabilities, cryptocurrency trading platform Kraken has appointed Natasha Powell as its new UK compliance director. According to sources cited by CoinDesk on September 24, Powell will assume her role in November. Previously the chief compliance officer at crypto payment firm BCB Group, Powell brings a wealth of experience, having started her career at the UK Financial Conduct Authority (FCA) and worked at both the Royal Bank of Scotland (RBS) and Barclays Capital.

This key appointment signals Kraken’s commitment to navigating the increasingly stringent regulatory landscape in the crypto industry. Powell’s expertise will be crucial as Kraken continues to expand while staying in line with evolving compliance standards.

Will this compliance boost position Kraken ahead of the regulatory curve? Stay tuned!

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