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

Jamie Galea appointed Director of Account Management at Mastercard

18 September 2026
by MaltaCEOs

Prior to this post, he worked in business development

David Valenzia appointed to Salvo Grima Group’s board of directors

18 September 2026
by Kevin Schembri Orland

David Valenzia has considerable experience in assisting with business development projects and corporate restructuring.

Nathan Farrugia completes 2,000km East Africa cycling challenge in aid of renal patients

18 September 2026
by Nicole Zammit

From Mombasa, Kenya, to Kigali, Rwanda.

WATCH: Service charge must go to employees, not help cover costs, catering association President says

18 September 2026
by Kevin Schembri Orland

If a service charge is included, it should be written clearly on the menu, she says.