Compliance Pros in Hot Demand as Crypto and Fintech Firms Staff Up

For years, many crypto and fintech startups viewed hiring staffers to ensure their businesses followed the rules as an afterthought. Hires to oversee compliance with financial regulations aren’t a flashy sign of growth like software engineers or big-name product hires.

Now, compliance staffing has become top of mind for these companies, according to industry executives and advisors. From fintech darlings Plaid and Stripe to crypto companies Tether and Binance, and the banks that power these startups, companies are expanding compliance teams as they launch new services, seek new licenses or try to fend off regulatory pressures.