Michelle brings over 20 years of experience in traditional financial services, digital assets and Blockchain technology
Daniel C. McCabe named COO with realignment to fit scale
NEW YORK, September 29, 2021 / PRNewswire / – Flexa, the leading purely digital payments network, is pleased to announce that Michelle gitlitz will join the firm as General Counsel from October 1st. Michelle brings over 20 years of experience to Flexa and has been actively working on issues driving the digital asset industry since 2018. In this role, Michelle will be responsible for advising Flexa on legal, regulatory and risk management issues relating to payments, digital assets and blockchain. technology and help the company continue on its rapid growth path.
Michelle replaces Daniel C. McCabe, co-founder, as General Counsel, as he is promoted to the newly created position of Chief Operating Officer, complementing his existing responsibilities as Chief Compliance Officer of Flexa. The realignment and improvement of Flexa’s leadership team strengthens its position as the world’s fastest and most fraud-resistant payments network, and will help Flexa continue to evolve as consumers demand more and more. digital currencies as a method of payment.
“We are delighted to welcome a professional of Michelle’s caliber to Flexa as we continue to help marketers navigate the complex realities of an emerging industry,” said Tyler spalding, co-founder and CEO of Flexa. “Michelle is truly a trailblazer in the world of blockchain and digital assets and we look forward to learning from and working with her as we continue to find ways to provide a seamless and secure user experience for traders. of the whole world.”
Michelle is a sought-after leader, speaker, and writer who frequently collaborates with federal and state regulators and lawmakers on blockchain and digital asset issues. Previously, Michelle was Global Head of the Blockchain and Digital Assets Practice of Crowell & Moring and co-led the Financial Services practice of Crowell & Moring. In this role, she has regularly advised emerging and established businesses on how best to bring blockchain technology applications to market, raise capital, list tokens on digital currency exchanges and platforms, d ” establish new blockchains and nodes, and navigate federal and federal laws on money transmission and payments. .
Michelle brings extensive experience in the transmission of money in virtual currency to Flexa and recently wrote “An Introduction to the Regulation of the Transmission of Money in Virtual Currency” in Global Legal Insight’s Blockchain & Cryptocurrency Regulation Treaty. She is a member of the board of directors of the MIT Computation Law Report and a member and contributor of the Wall Street Blockchain Alliance and the Digital Chamber of Commerce. She also founded and is President and Director of Diversity in Blockchain, Inc., a non-profit organization committed to creating equal, open and inclusive opportunities in the blockchain industry, as well as the Art & Antiquities Blockchain Consortium. (AABC), a non-profit organization committed to reinventing cultural heritage solutions through the use of blockchain technology and its guiding principles. In recognition of his leadership, the National Law Review and New York Law Journal named Michelle a trailblazer and Crain’s New York company recognized her as a notable woman in law.
“Flexa has established itself as a true trailblazer in enabling the adoption of cryptocurrency and digital money globally, and I am delighted to join the group of talented and innovative professionals leading the charge towards a better and more financially inclusive future, ”said Gitlitz. “Flexa’s superior technology and its fraud-free guarantee should alleviate concerns that hamper the broader institutionalization of digital currency as a medium of exchange. acceptance of assets by merchants and consumers around the world. “
Since launching its payment network just two years ago, Flexa has experienced tremendous growth alongside the rapid adoption and widespread integration of digital currencies into financial networks. In addition to Michelle, Flexa plans to hire several dozen additional employees over the next year to accommodate this expansion.
“I am touched by the growth we have seen since the inception of Flexa in 2018,” said McCabe, co-founder, chief compliance officer and chief operating officer of Flexa. “Flexa is uniquely positioned to help merchants activate new types of financial products with digital assets, and I look forward to working closely with Michelle and the rest of the Flexa team in this new role as we enable the adoption of cryptocurrency and digital money globally. “
Flexa is the world leader in purely digital payments. We provide merchants and developers with simple integrations for digital currency acceptance that are fast, affordable, and completely fraud-proof. Founded in 2018, Flexa’s mission is to make payments more efficient and accessible for people around the world. Learn more at https://flexa.network.
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