Guidepost in Motion EP 8: Banking on Crypto Part 1

Julie Myers Wood May 6, 2021

Dan Burstein, general counsel and chief compliance officer at Paxos Trust Company, joined Julie Myers Wood for a discussion on the increasing openness of banking regulators to allow traditional financial institutions to offer cryptocurrency payment services. Dan and Julie talk more about this upward trend, OCC guidelines, outsourcing the crypto function versus bringing it in-house, as well as the growth of Paxos, a New York-based financial technology company specializing in blockchain.

 

Don’t miss Part 2 of the discussion. Dan and Julie provide insight into regulatory trends as traditional financial institutions move into the digital asset space, the associated compliance issues, blockchain monitoring, addressing the travel rule, and increased enforcement actions.

guidepost solutions founder julie myers wood wearing a blue shirt and a black jacket

Julie Myers Wood

Chief Executive Officer

As the Chief Executive Officer of Guidepost Solutions, I focus on helping corporations resolve problems with government agencies, and ensure they are proactively addressing compliance requirements. Prior to joining the private sector, I held leadership positions with the U.S. Departments of Homeland Security, Commerce, Treasury and Justice. This includes serving as the Head of Immigration and Customs Enforcement, Homeland Security’s largest investigative component, as well as the Assistant Secretary for Export Enforcement and the Chief of Staff for the Criminal Division at the Department of Justice. Throughout my government and private sector career, I have helped develop, implement and execute compliance programs and crisis management plans and responses across a wide range of industries for numerous companies. I am nationally recognized as a speaker for my expertise on compliance, security, immigration and other law enforcement issues and have testified before Congress.

InvestigationHotlines