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　　the cryptocurrency exchange Coinbase has hired German financial firm Solarisbank executive Daniel Seifert (Daniel Seifert) to join the company, making him responsible for the expansion of its European business to deal with encryption. A downturn in markets and transactions.

　　Seifite will become the general manager of Coinbase Europe, having previously served as COO at Solarisbank for about two years. Coinbase has recently obtained operating licenses in Italy and the Netherlands, and it is preparing to recruit troops in Europe.

　　International expansion is a priority for Coinbase, Nana Murugesan, vice president of business development and international at Coinbase, said in an interview. Coinbase is awaiting approval from France and Spain, where it intends to expand next year. In Ireland and the U.K., in addition to the payment licenses it already has, Coinbase is also working on other matters, and it wants to join the regulatory systems in both countries.

　　Like other cryptocurrency exchanges, Coinbase has recently been hit by a decline in trading volume and revenue, mainly due to the collapse in the price of digital assets. Coinbase laid off about one-fifth of its workforce at the start of the year, and Coinbase shares have fallen more than 76 percent in the past year.

　　In the past 2 months, Kraken, OpenSea, Genesis, Alameda Research and other companies have vigorously adjusted their leaders, and it is against this background that Sefitt's job change happened.

　　Nana Murugesan revealed that Sefitt's position was looking for the right fit at the beginning of the year, when the market had already started to enter a bear market. Nana Murugesan added: "We've been keeping a close eye on the big changes, and the magnitude of the changes is really surprising."