According to Bloomberg, top Wall Street enforcers, are getting top COP jobs in the new cryptocurrency world. As the need for regulation is stepping up, more cryptocurrency and blockchain startups are looking for government authorities, prosecutors, security officials and even senior diplomats to join their ranks.
Ripple, a real-time gross settlement system (RTGS), currency exchange and remittance network added Ben Lawsky, a New York’s top financial watchdog, to its board. Lawsky introduced BitLicience, which is a requirement for digital currency companies who want to operate in New York, thus establishing a reputation as a pioneer in the regulation of cryptocurrencies.
Another Cop Job has gone to former federal prosecutor Kathryn Haun, once nicknamed the “Constable of Cryptocurrency” – now a Board member at Coinbase, one of the largest cryptocurrency exchanges.
Former Homeland Security and Justice Department attorneys, Kiran Raj and John Roth, left government to join the Bittrex cryptocurrency exchange.
Read the full article here – Crypto’s Hottest Hires Aren’t Millennials. They’re Banking Cops
Having these veteran enforcers on the inside of crypto businesses, perhaps Regulators and Banks won’t kill Bitcoin… or will they?
Besides regulation, cybersecurity is another key focus in our new digital economy – How to Hack Bitcoin
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