J.P. Morgan hires former Celsius head of regulatory affairs

Category: Americas Crypto

JPMorgan Chase hired former Celsius executive Aaron Iovine as the new executive director of digital assets regulatory policy, as the banking giant continues to warm to the crypto sector.

Iovine joins JPMorgan as crypto regulatory policy director

It was just a month ago that the company’s CEO Jamie Dimon claimed that cryptocurrencies are “decentralized Ponzi schemes.” 

According to Iovine’s LinkedIn profile, he was hired in October after spending only eight months at the crypto exchange that lost around $36 million in Bitcoin and Ether when the master key got hacked. Celsius filed for bankruptcy in July.

Iovine was working as the head of policy and regulatory affairs at Celsius.

Expanding digital asset regulatory scope

Furthermore, together with hiring Iovine, JPMorgan posted an opening for a digital assets counsel position as well.  

Join us for the AIBC Malta Summit, 16 – 18 November 2022 at the Hilton Malta Hotel

Besides its status as a business hub, Malta is the European centre of innovation for crypto, blockchain and emerging tech. This November, the island will be hosting the globe’s brightest thought leaders for premium networking opportunities and top-tier exhibitions. Be sure to visit our website and buy the perfect ticket for you.