Former SEC Chairman Will Serve as Advisor to Two Bitcoin Companies
Arthur Levitt, former Chairman of the US Securities and Exchange Commission (SEC), will serve as advisor to Bitpay and Vaurum. Levitt, the longest serving Chairman of the SEC, will work closely with both companies to monitor business practices as well as help develop new ways to market and refine this new form of currency. He said: "Bitcoin is a fascinating new product in the rapidly changing world of financial service. I hope to help BitPay and Vaurum blend their new business models with core monetary methods and transparency practices in order to ensure their long term success."....
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Arthur Levitt, the former Chairman of the United States Securities and Exchange Commission (better known to you and me as the SEC) will reportedly be serving as advisor to two bitcoin enterprises. They're BitPay and Vaurum. Now, BitPay you've heard about before, no doubt. My coverage of the company has been extensive. But as far as Vaurum goes, you may have heard a little about this bitcoin exchange earlier this year when it was announced that investor Timothy Draper would be using the Silk Road bitcoins he acquired to help out with their market liquidity. As advisor to both companies, Mr.....
The former Securities and Exchange Commission (SEC) chairman Arthur Levitt discussed the evolving regulatory landscape for bitcoin companies and the commission's ability to keep up with fast-paced technological changes in a wide-ranging interview on Bloomberg TV yesterday. Levitt, who is the SEC's longest-serving chairman, became one of the highest-profile figures from the world of financial regulation to enter the cryptocurrency space when he announced that he was joining BitPay and Vaurum as an advisor two days ago. In the Bloomberg TV interview, Levitt said he had been approached by six....
SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.”
SEC Chairman Gensler on Crypto Regulation
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, authored an opinion piece published in the Wall Street Journal Friday on how crypto assets should be regulated. He described:
There’s no reason to treat....
The experienced leader in cultural arts will bring a wealth of experience to APENFT as it seeks to bring blockchain to the artworld, registering world-class artworks as NFTs. APENFT has announced that Barret Wissman will be joining the organization as Chief Investment Advisor. Wissman, an avid entrepreneur, philanthropist, and concert pianist, is the Chairman of […]
The quest to leverage the crypto and DeFi boom means crypto companies must constantly be innovative to serve their users. If company “A” doesn’t do it, there is every certainty that company “B” will fill in that gap. TrustToken, Phemex, and Kryll are among the many crypto companies constantly innovating and launching new features on […]