BEQUANT appoints Richard Shade as Consultant

BEQUANT, a leading cryptocurrency exchange, announced today that it has hired Richard Shade as a consultant to its team. Richard will primarily be advising BEQUANT on building its custody offering and structuring its exchange operations, ensuring the business is adhering to the highest standards in a regulated trading environment.

With over 23 years of experience in financial services, implementing change and managing operations, Richard will be supporting BEQUANT as it continues to build a more reliable landscape for institutional cryptocurrency trading. Richard has spent a number of years in the regulated exchange space both at CME Group and NYSE Liffe. His expertise will help to develop the operational capabilities of BEQUANT and ensure that they meet the highest standards expected by today`s modern markets.

Richard Shade, Consultant at BEQUANT, said: “I’ve enjoyed working at exchanges at both Liffe and CME, and more recently working with and learning from the PTDL working group and Uwincorp Ltd in blockchain). I was keen to continue to work in the digital asset space and BEQUANT felt like the chance to draw from all my experience including working with regulators and in operating a recognised investment exchange. As we take BEQUANT through the regulatory approval process and look to build a fully regulated solution for the market, I’ll be able to help ensure the business is fully secure, regulated and reliable for investors. The cryptocurrency market is starting to come of age as large incumbents continue to launch new solutions, so it’s an exciting time to be involved with a renowned cryptocurrency exchange.”

George Zarya, CEO of BEQUANT said: “Regulatory compliance is an ongoing challenge for the cryptocurrency industry. Managing market growth while ensuring investors are protected and secure is not always easy, but businesses that are able to find the right balance will benefit from increased investor engagement and will be prepared for any regulatory demand that may come. By working with Richard, our aim is to be one of those organisations – establishing rigorous and robust controls while still allowing the exchange to flourish.”