Coinjar to Expand to US

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Coinjar, an Australian crypto exchange, is looking to expand into the United States despite the current market’s regulatory risks.

CEO Asher Tan sees this as an opportunity, citing Coinjar’s “unparalleled compliance bona fides.”

To that end, the company recently posted a job listing for an Anti-Money Laundering (AML) compliance officer and is planning to gradually add more states until full coverage is achieved.

Tan believes that Coinjar’s focus on regulatory compliance will be a major factor in succeeding in the difficult US market.

The job listing reads:

“CoinJar is expanding to the US, and we are seeking an AML Compliance Officer. The successful candidate will report to the Head of Legal & Compliance and the Board, take ownership of applicable programs and policies, including the AML/OFAC Program, and implement processes to ensure adherence to them.”