Coinbase has appointed Joe Salama as its new Chief Compliance Officer, succeeding Melissa Strait. Salama joins Coinbase from Deutsche Bank, where he served as Global Head of Anti-Financial Crimes and General Counsel for the Americas. His appointment was announced by Coinbase Chief Legal Officer Paul Grewal, who emphasized the centrality of compliance to the company's operations. Salama's previous roles at Deutsche Bank included leading the anti-financial crime unit. Some observers have noted concerns due to Deutsche Bank's history of regulatory fines exceeding $20 billion related to securities abuses, investor protection violations, and anti-money laundering deficiencies. The appointment reflects Coinbase's focus on strengthening its compliance framework amid regulatory scrutiny in the cryptocurrency sector.