Crypto firm Copper hires former Barclays lawyer as digital asset firms face regulatory scrutiny

Crypto firm Copper has hired an ex-Barclays and ex-Linklaters lawyer as its chief legal officer.

Carly Nuzbach Lowery is joining Copper as chief legal officer effective immediately, the firm announced in a March 14 statement.

It is the latest major hire for Copper, which earlier this month named former Citi and Deutsche Bank chief executive Sabrina Wilson as chief operating officer.

Crypto firms have recently sought to bolster their legal ranks as the nascent sector comes under increased scrutiny from regulators.

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Nuzbach Lowery joins Copper from fellow crypto firm Coinbase where she was associate general counsel.

Previously, she was senior legal counsel at Uber and legal counsel at Barclays Investment Bank.

She began her legal career with the law firm Magic Circle Linklaters and also worked for the American law firm Boies Schiller Flexner.

“With experience liaising with regulators and market participants in crypto markets globally, a background in traditional finance, and a deep understanding of the unique challenges and pace of disruptive innovation in highly regulated, Carly is the perfect fit for us,” the Copper chief said. executive Dmitry Tokarev.

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Copper aims to provide a gateway to the crypto market for institutional investors by offering services such as prime brokerage, custody and settlements on 450 digital assets and over 450 exchanges.

The firm made waves in October when it hired former British Chancellor Lord Philip Hammond as an adviser.

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