Published on July 13th, 2018 | by bitcoin0
The BMO is appointed by the Anti-Fine Landing Manager as the Chief Compliance Officer
Cryptocurrency startup Tether Limited has appointed a former AML Quality Control Manager at the Bank of Montreal (BMO) to lead the company’s regulatory compliance efforts, according to an announcement published July 12.
The company behind cryptocurrency Tether (USDT) has hired Leonardo Real as Chief Compliance Officer.
Real was previously responsible for establishing practices, policies, and procedures in accordance with regulatory requirements to improve the quality of Canadian BMO’s anti-money laundering (AML) investigations.
Real commented on the new appointment: “I look forward to helping showcase Tether’s commitment to transparency and regulatory compliance within the blockchain and cryptocurrency space.
The question of whether Tether could back all of its tokens with dollars was previously the subject of some criticism and controversy.