The US bitcoin exchange FTX subsidiary has hired Marissa McDonald as a Compliance Officer at FTX Trust Company. Representatives of the division reported this to ForkLog.

The exchange will register a trust company with limited functions to provide services to users in the State of New York. FTX Trust Company charter pending approval NYDFS.

Brett Harrison, head of the American division of the stock market, drew attention to the experience of McDonald, who worked for 14 years at Fidelity Investments, one of the largest asset managers in the world.

Prior to joining the FTX team, the specialist dealt with regulatory and legal compliance issues in the digital assets division of the conglomerate. Fidelity Digital Assets was released in 2019.

McDonald began his career at Big Four accounting firm Ernst & Young.

“After my successful tenure at Fidelity, I am excited to dive into the world of digital assets with one of the most regulated and trusted exchanges in the industry,” he said.

Recall that NYDFS BitLicense for crypto companies is considered one of the strictest rules in the industry.

In January, FTX co-founder and CEO Sam Bankman-Fried urged regulators to create a unified global surveillance system for the cryptocurrency market.