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

Anton Buttigieg

TradeMalta CEO appointed Vice President of the Board at Trade Promotion Europe

7 December 2022
by Bernice Camilleri

Trade Promotion Europe is a non-profit association of national and regional trade and agri-food promotion organisations.

‘As leaders we need to understand how to change our relationship with change and uncertainty’

6 December 2022
by Bernice Camilleri

Pierre Mallia lists five 'laws' which help him stay calm and focused even when he feels a storm looming on ...

5 tips to party like a ‘proper’ boss this festive season

6 December 2022
by Bernice Camilleri

Should the boss attend the office party? The simple answer is yes, however there are ways and means to go ...

‘ITS will become a centre of excellence and innovation in tourism and hospitality’ – CEO

6 December 2022
by Bernice Camilleri

This year the institute recorded the highest number of graduates since it was founded 35 years ago.

Close Bitnami banner
Bitnami