As I previously discussed in my March 14 note, as the leading cloud services provider for the mining and blockchain industry, we believe we have a responsibility to push our industry and community forward.

To this end, I am happy to announce that Shah Hafizi has joined Genesis Mining as our Chief Compliance Officer and Americas General Counsel. Shah joins us from BlackRock, Inc. where he was Chief Compliance Officer overseeing technology and digital ventures.

In this newly created role at Genesis Mining, I have asked Shah to lead our regulatory and government affairs globally. He will also help us shape standards and a best practices compliance framework for Genesis Mining and the broader blockchain industry. In addition, he will support our strategic initiatives in the Americas. In doing so, we aim to collaborate with regulators and governments to form a clear regulatory framework for our users and the greater community.

Shah brings a wealth of institutional knowledge with roles at UBS AG, D.E. Shaw & Co and public service as a regulator at the U.S. Securities and Exchange Commission. Most importantly, he was an early adopter of cryptocurrency and brings a unique perspective in our regulatory discussions and collaborations.

This is just the beginning for us, and I am excited to leverage our years of thought leadership to contribute to the conversation around cryptocurrency regulation and underlying infrastructure and services. More to follow on our discussions and community efforts…

– Marco Streng
CEO Genesis Mining