As the bitcoin bull market gets into full swing, we’ve been expanding our services for the bitcoin holder, including launching our new bitcoin IRA product and increasing the availability of our trading desk and loans to more regions.

Achieving this requires a lot of heavy lifting with various state and federal regulations, and it’s with this in mind that today we’re excited to welcome Joshua Preston to the Unchained team as our Chief Compliance Officer. Joshua is a financial services compliance veteran who will work closely with me and the rest of the team to ensure that Unchained’s services are available in as many jurisdictions as possible and that we uphold our values of self-custody, client privacy, and trust in the face of compliance requirements and potential industry regulation.

Joshua Preston
Chief Compliance Officer

Joshua joins Unchained from Square, where he evolved compliance management systems across Square’s payments, lending, and bitcoin services. He was a key contributor to Square’s bitcoin grants program, helping fund various foundational bitcoin projects.

Before Square, Joshua worked at the Office of Comptroller of the Currency (OCC) for over ten years. Towards the end of his tenure at the OCC, he worked specifically with crypto-asset policy, helping educate the agency in bitcoin and crypto technologies and inform the industry about regulatory processes and policies.

“Many companies in the industry take a conventional approach to compliance, which is a bit like trying to hammer a square peg into a round hole. Bitcoin is a novel way to possess wealth, and it demands novel approaches. The Unchained team is thinking about compliance in a new way, and I’m looking forward to innovating together and empowering more bitcoin holders to truly own their wealth.” – Joshua Preston, Chief Compliance Officer

With Joshua’s help, we’re looking forward to revealing more news about the expansion of our bitcoin financial services soon. Make sure you sign up for our newsletter to be the first to hear of any updates!