Former CFTC Chair Joins BitFury's Bitcoin Advisory Board
Now that financial regulators have started to step up their game in conducting oversight on the bitcoin industry, cryptocurrency companies have been adding former heads of financial regulation institutions to their advisory board. BitFury recently announced that the former chair of the Commodity Futures and Trading Commission (CFTC), which is responsible for financial oversight in the US, will be joining their advisory board. Ex-CFTC head Dr. James Newsome will be joined by Hernando de Soto, president of the Institute of Liberty and Democracy (ILD), in the advisory board. Newsome....
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BitFury has announced a pair of high-profile appointees to its advisory board and established a new body of technical advisors. New to BitFury's advisory board are former chairman of the Commodity Futures Trading Commission (CFTC) Dr James Newsome, and president of the Institute for Liberty and Democracy (ILD) Hernando de Soto. Dr Newsome is also the former CEO of the New York Mercantile Exchange (NYMEX). An appointee of President Bill Clinton, he assisted the administration as a member of the President's Working Group for Financial Markets and led the CFTC's regulatory implementation of....
BitFury, a company which provides blockchain infrastructure and transaction processing, has just announced that Dr. James Newsome has been added to the company’s advisory board. Dr. Newsome was the ex-Chairmen of the Commodity Future Trading Comission and the former CEO of NYMEX. Newsome has a very impressive record of expertise, even being nominated by President Clinton and confirmed by the Senate to be a Commissioner of the CFTC. Later on in his career, Dr. Newsome was moved up to a Chairman.
There's been quite a bit of news lately coming from BitFury. From mining products to strategic investments, it certainly seems like they are growing rapidly. And it will probably come as no surprise to learn that the company has brought in some new additions to their board of directors to keep them guided properly as their operations expand. Those new additions compose the company's new strategic advisory board, which will be responsible for working closely with BitFury leadership with relation to technology "to build on the company's silicon leadership position as it pursues more advanced....
BitFury Early Gen Units. BitFury has been on a roll this year with over $40 million in venture capital funding, as well as the addition of Jonathan Teo and Dr. Jackson Hu to their Strategic Advisory Board. To top it all off they added President and Chief Strategy Officer for Samsung Electronics Young Sohn to their Advisory Board. BitFury has emphasized that they are not a mining company, but a technology company: BitFury has set their sites on being more than a chip maker. With all this in mind, we were able to ask BitFury CEO Valery Vavilov through email about their next gen Bitcoin ASIC....
BitFury - a popular cryptocurrency mining company that's also recently focused on making seed investments (and now also bitcoin transaction processing)- has announced today that they're making yet another addition to their strategic advisory board. This time around, the individual appointed is Mr. Young Sohn, who is serving as president of Samsung Electronics, in addition to a chief strategy officer role since 2012. His experience in Silicon Valley and semiconductor industry spans thirty years, and he's previously served as the CEO and president for four other companies you may or may not....