Bitcoin Foundation Leadership to Meet with Regulators in Washington
Today, representatives from theBitcoin Foundation are scheduled to meet with members of at least seven executive agencies in Washington. Regulators are attempting to understand where to begin with a digital currency that is not backed by a central government like traditional fiat currencies. The main concerns of regulators are to ensure that Bitcoin and....
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Jon Matonis has resigned as Executive Director of the Bitcoin Foundation. He announced his resignation with a tweet half an hour ago: "The time has come for me to resign as Executive Director of the Bitcoin Foundation. Thank you for all of your passionate support! More soon." Also read: Bitcoin Foundation Announces Next Chapter of Leadership. Matonis is an e-Money researcher and former Executive Director of the Bitcoin Foundation. His career has included senior influential posts at Sumitomo Bank, VISA, VeriSign, and Hushmail. He earned his B. A. in Economics at George Washington University....
On Monday and Tuesday of this week, representatives from the Bitcoin Foundation met successfully met with regulators and Capitol Hill Staff. Without a clear foreshadowing of how successful the series of meetings would be, the outcome was a "smashing success" according to Chair of the Foundation's Regulator Affairs Committee, Marco Santori who provided afollow-up to the community. Santori explained, "Our message was straightforward: It is critical that the industry and the regulators work together to create a safe and sane regulatory environment for Bitcoin businesses in the United States,"....
Coinbase CEO Brian Armstrong has stated that SEC won’t meet with the firm, while asserting the 50% of Washington officials are concerned over the risks of crypto. Coinbase CEO Brian Armstrong claims that the U.S. Securities and Exchange Commission (SEC) is the only government branch that is not willing to meet with the firm.Speaking on Anthony Pompliano’s Best Business Show on Sept. 24, Armstrong said that during his visit to Washington after Coinbase went public in April, the SEC was the “only regulator” that refused to meet with him:“I reached out to the SEC. I tried to get a meeting....
Photo by Cometstarmoon. As director of Bitcoin Magazine and a Bitcoin Foundation board member, Elizabeth Ploshay is one of Bitcoin's most prominent figures. Now she plans to bring her ideas and influence to Washington, D. C., where she hopes to change the national dialogue about Bitcoin. Bitcoin Evangelist Elizabeth Ploshay Goes to Washington. In the classic film Mr. Smith Goes to Washington, the naive Jefferson Smith is chosen to fill his state's vacant Senatorial seat. He goes to Washington with an idealistic, yet minor goal-to build a national boys' camp. As he maneuvers the political....
After over two years of building the Bitcoin Foundation as part of the founding leadership and then as executive director, Jon Matonis decided to step down and submitted his resignation as executive director of the Bitcoin Foundation, effective October 31, 2014 and as a board member effective December 31, 2014. His board seat will now be included in the January 2015 election along with board seats currently occupied by Peter Vessenes and Gavin Andresen. Matonis said: