Malta-based cryptocurrency exchange platform Xcoins, which recently became one of the first cryptocurrency platforms to receive In-Principle approval for a Class 3 VFA license by the MFSA, has appointed Karen Falzon as Chief Risk Officer.

Karen Falzon / LinkedIn

“As the Chief of Risk, it’s my responsibility to also understand the full cycle of the business. It’s about finding a good balance between regulations and business success”, Ms Falzon said of the role, explaining that “although I manage risk primarily, I also have a background in customer relations and business acumen – knowledge which is crucial to risk management.”

With 25 years of experience in financial services, Ms Falzon describes the role as an “exciting and challenging” one, asserting that fintech and cryptocurrencies are the future.

“We are happy to welcome experienced team members like Karen Falzon, as security and risk management are critical to the success and long-term growth of Xcoins”, CEO and co-founder of Xcoins Rob Frye said of the appointment.

Related

David Flynn / GoFundMe

Glitnor Group NED David Flynn completes month-long cycling journey from Sweden to Malta

2 October 2023
by Fabrizio Tabone

At the time of writing, his journey has led to £24,849 (€28,665) being raised for mental health charities.

‘Failure is not the end, but rather a stepping stone towards success’ – Hudson Chairman Alfie Borg

2 October 2023
by Fabrizio Tabone

He remarks that people tend to mistakenly view failure as a ‘setback’ or ‘disappointment’.

Are university degrees still must-haves for corporate jobs? Walmart doesn’t think so

30 September 2023
by Fabrizio Tabone

University degrees still offer a route into industry, but nowadays, there are different ways of getting a dream job.

‘The yachting community in Malta is at a pivotal moment’ – MaritimeMT CEO

29 September 2023
by Fabrizio Tabone

Pauline Micallef was speaking after Yachting Malta took part in the Cannes Yachting Festival.

Close Bitnami banner
Bitnami