Coinme taps fintech compliance veteran Laurent Reichert as chief compliance officer to scale licensed fiat on- and off-ramps internationally ahead of regulatory close of Polygon Labs acquisition. Hire reinforces Coinme's role as a licensed provider of regulated money movement as it expands internationally within Polygon's Open Money Stack. SEATTLE, Aug. 12, 2026 (GLOBE NEWSWIRE) - Coinme, a leading provider of an enterprise stablecoin and crypto payments platform, today announced that Laurent Reichert has joined the company as its chief compliance officer, consumer protection officer and BSA officer. The appointment comes as Coinme prepares to extend its licensed on- and off-ramp network into new international markets, a push that is expected to accelerate once Polygon Labs' agreement to acquire Coinme, under which Coinme will become a wholly owned subsidiary subject to customary regulatory approvals, closes and Coinme's compliance infrastructure becomes part of Polygon's Open Money Stack. Coinme brings a decade of regulatory infrastructure to that mission. It holds money-transmitter licenses across the US, operating in 48 U.S. states, has a retail footprint of 50,000 locations, and serves more than one million consumer app users. This groundwork already powers Open Money Stack, Polygon's integrated platform for moving money globally through stablecoins, now in technical preview with a limited group of partners. Coinme's cash ramps handle the platform's KYC and U.S. on- and off-ramp functionality today, working alongside Polygon's blockchain settlement layer and wallet infrastructure. Reichert will extend the same regulatory rigor into new jurisdictions as the platform expands internationally. Reichert will lead Coinme's compliance function as the company builds out the licensing, monitoring and reporting frameworks required to operate its fiat on- and off-ramps across additional jurisdictions. He will also continue scaling Coinme's Crypto-as-a-Service (CaaS) platform, which lets fintechs, payment companies, financial institutions and software platforms embed licensed fiat on- and off-ramps alongside stablecoin and digital asset money movement. "Licensed access to the financial system is the hardest part of this business to build and the easiest to take for granted," said Neil Bergquist, co-founder and CEO of Coinme. "Laurent gives us the compliance leadership to take that regulated infrastructure into new jurisdictions as we deepen our partnership with Polygon Labs and support our partners' rapid growth." Reichert has spent nearly 20 years building and scaling compliance and risk programs at fintech and crypto companies, including Paxos, Nium and WorldRemit. His background covers financial crimes compliance, including anti-money laundering, know-your-customer (KYC) processes, sanctions and enterprise risk management across more than 14 licensed jurisdictions worldwide. He has led high-growth compliance organizations, overseen trillions in payment volume, and built regulated compliance and risk infrastructure across multiple continents. "Coinme has built one of the most extensive networks of licensed fiat on- and off-ramps in the industry, and that foundation of trust is what lets a company grow responsibly," said Reichert. "I'm looking forward to working with the team to prepare that foundation for the next phase of growth, both domestically and as we move into new international markets alongside Polygon." Reichert holds an MBA from the Thunderbird School of Global Management and a Diploma in AML Compliance, Risk and Governance from the International Compliance Association (ICA). About Coinme Founded in 2014, Coinme is a leading licensed provider of fiat on- and off-ramps for stablecoin and crypto payments. Coinme's global money movement platform enables a fully native and seamless crypto and stablecoin payment experience within partners' applications. By integrating with Coinme's API suite, partners can deploy licensed on- and off-ramps and stablecoin products natively on their front end while relying on Coinme's exchange and compliance infrastructure. For more information, please visit https://coinme.com/enterprise. Media Contact Coinme Communications Team [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Alabama Business Reporter do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Polygon Labs has acquired crypto startups Coinme and Sequence for more than $250 million combined, though specific deal terms were not disclosed. The acquisitions support Polygon's stablecoin strategy and position it to compete with Stripe. Seattle-based Coinme specialises in cash-to-crypto conversion and operates crypto ATMs, holding money transmitter licences across the US. New York-based Sequence builds blockchain infrastructure, including crypto wallets. Polygon CEO Marc Boiron and founder Sandeep Nailwal said the deals mirror Stripe's recent moves in crypto. The payments giant has acquired a stablecoin startup and crypto wallet firm whilst backing its own payments-focused blockchain, signalling intent to control the entire stablecoin stack. Nailwal described Polygon's strategy as "a reverse Stripe".

Coinme names Hazen Baron as general counsel. News provided by. Coinme, a leading provider of an enterprise stablecoin and crypto payments platform, today announced the appointment of Hazen Baron as its general counsel. Baron will oversee Coinme's legal and regulatory functions and work closely with compliance to support the company's continued expansion of consumer and enterprise crypto services across the U.S. Baron joins as Coinme accelerates its enterprise partnerships and prepares for the next phase of regulatory clarity in stablecoins and digital assets. In his role, Baron will lead legal strategy, regulatory affairs and corporate governance, with particular focus on licensing expansion, enterprise partnership agreements and navigating the evolving federal and state regulatory landscape for digital assets. "Hazen brings a rare combination of legal acumen and operational experience in regulated financial services," said Neil Bergquist, CEO and co-founder of Coinme. "With over a decade of experience at institutions like Western Union and Walmart, he understands how to build digital consumer financial products at scale. His leadership will be instrumental as we navigate evolving regulatory frameworks and expand access to compliant crypto products for both our enterprise and consumer offerings domestically and abroad." Before joining Coinme, Baron served as legal counsel and director of compliance at Stronghold, where he led legal initiatives for blockchain-based payment systems. He previously held senior legal and compliance roles at Hydrogen, Walmart and Western Union, where he developed enterprise-scale AML, fraud and KYC programs and advised on product launches and regulatory risk. Baron holds a J.D. and an LL.M. in taxation. He is a Certified Anti-Money Laundering Specialist and a member of the Florida Bar. About Coinme Founded in 2014, Coinme is a leading licensed and regulated provider of an enterprise stablecoin and crypto payments platform. Coinme's global money movement platform enables a fully native and seamless crypto and stablecoin payment experience within our partners' applications. By integrating with Coinme's simple API suite, partners can quickly deploy crypto and stablecoin products and services natively on their front-end while leveraging Coinme's robust exchange and compliance infrastructure. For more information, users can visit https://coinme.com/enterprise