U.Ok.-based crypto exchange Bitstamp has employed a former director of economic products and services corporate Barclays’ bills crew as its leader working officer.

In a statement as of late, Bistamp mentioned it will be appointing Sameer Dubey to the chief place as a part of its effort to scale around the company’s companies. Dubey labored as the director of the top of bills for Barclays company and was once a member of the crew at the back of the financial institution’s blockchain and disbursed ledger council. He was once additionally the top of operations for U.Ok. neobank N26 till just lately.

The crypto exchange mentioned the addition of Dubey would convey “global leadership in fintech and traditional banking” to the company. The former Barclays exec will reportedly be changing outgoing COO Vasja Zupan, who went on to enroll in the United Arab Emirates-based Matrix Exchange as president.

“I think that in a few years, we won’t really be talking about a cryptocurrency industry anymore,” mentioned Dubey. “It will be another part of finance and innovative crypto businesses will be considered fintechs similarly to how N26 is perceived today.”

He added:

“As crypto merges with finance, the part we play is going to take on new meaning. Part of what makes this space so exciting is that we really can’t know where we’ll be in, let’s say, 10 years.”

Bitstamp is without doubt one of the oldest exchanges within the crypto area, with trade entities founded in numerous international locations. In October, former Gemini exec Julian Sawyer was the company’s new CEO, changing Nejc Kodrič for the primary time within the crypto exchange’s historical past.

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