According to the official announcement shared on Mr. Bauguess’ Twitter account, he will join Coinbase as Vice President to manage the company’s worldwide regulatory policies effective February 14, 2022. He further said that, in this role, he will work with regulators to create a better legal framework for digital assets around the world.
Mr. Bauguess worked for the US Securities and Exchange Commission for over ten years before joining Coinbase. His most recent positions were those of Deputy Director and Deputy Chief Economist. In addition to working for the regulator, he was also the Acting Director of the SEC’s Division of Economic and Risk Analysis (DERA) and the Director of Financial Markets Regulation at the University of Texas McCombs Business School.
Mr. Bauguess disclosed that he was recruiting members for his “political” team. According to Coinbase’s actual job listing, the exchange is looking for a Director of International Policy in India, among other positions. Coinbase hired Thaya Knight as Senior Public Policy Manager for Capital Markets Regulatory Affairs in January. Ms. Knight worked as an adviser to one of the SEC’s commissioners.
As reported by U.Today, Coinbase is employing employees from Web2 giants and regulatory watchdogs. Brian Rocha, formerly of Netflix and Disney, joined the exchange as chief content strategist earlier this month. In addition, he hired Shalin Pei, who was responsible for social news and local news at Facebook, as Coinbase’s senior DeFi strategy designer in Q4 2021.
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