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Topic: [2016-04-14]This Former Regulator Is Now a Bitcoin Backer (Read 261 times)

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This Former Regulator Is Now a Bitcoin Backer

He used to warn about cybersecurity.

Former New York state financial services chief Benjamin Lawsky may have taken a harsh view of virtual currency as a regulator, but he has begun to stump for the technology behind it.

The man accused of implementing tough regulations on Bitcoins and other online currency now heads a consultancy that is acting as an adviser and media liaison for one of the sector’s major new players.

The Lawsky Group, which provides legal and strategic counsel for clients on financial regulation issues, was the press contact last week for Axoni, a blockchain technology firm.

Axoni was promoting its successful test of blockchain technology into the back office settlement process for derivatives transactions.


read further here : http://fortune.com/2016/04/13/this-former-regulator-is-now-a-bitcoin-backer/
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