Former JPMorgan and Deutsche Bank director moves to Circle

  Paul Camp, until recently head of international and managing director at investment bank JPMorgan, will now be a new employee at Circle, [...] https://www.pinterest.com/pin/1085437947660215829/

  Paul Camp, until recently head of international and managing director at investment bank JPMorgan, will now be the new employee of Circle, a Boston, Massachusetts-based company that offers, among other things, a browser-based bitcoin wallet service. Camp will take on the role of new chief financial officer at the company.   During his professional history, Camp has been associated with such financial institutions as the international Deutsche Bank, the aforementioned American JPMorgan, and even Bank of America - one of the largest banks in the world.   According to Circle's director, Jeremy Allaire, Camp will be a key member of the company's leadership team, overseeing its financial architecture and acting as an ambassador to investors, regulators and the wide range of people Circle would like to work with.   Allaire also highlights the qualities of his company's new director:   Paul is a very smart and capable person. I think the notion of an online platform - a common online platform for exchanging value - really sparked his imagination. In addition, during his career he has already had the opportunity to take care of the development of various kinds of ventures in large companies, often working on them from scratch."   As Allaire adds, Camp's time at Deutsche Bank also coincided with the birth and development of the euro currency. As an employee of that bank, he was able to get an in-depth look at the shaping of the new currency system, and he also took an active role in the development of the structure of SEPA, the Single Euro Payments Area.   Jeremy Allaire:   He has had the opportunity to look at the establishment of a new, multinational currency, operating inside a new type of transfer protocol - SEPA - that was created to make this possible; and all the regulatory issues that have arisen with the new, universally accessible currency."   This is yet another "migration" in recent weeks of a well-known figure hailing from the traditional financial sector to a Bitcoin-related organization or business.   Back in October this year, former United States Securities and Exchange Commission (SEC) Chairman Arthur Levitt joined BitPay's and Mirror's (formerly Vaurum) advisory boards.   Last month we also reported on Matthew Taylor Mellon II, a businessman with a banking background and heir to a multi-billion dollar fortune, who joined the Chamber of Digital Commerce, a Washington DC-based lobbying group advocating Bitcoin.     Any reproduction, distribution, electronic transformation or transmission of content from the bitcoin.pl Web site requires prior permission from bitcoin.pl.   Tags Bank of America bitcoin Circle Deutsche Bank Jeremy Allaire jpmorgan cryptocurrencies Paul Camp wallet