If You Can’t Beat Them, Join Them – Bitcoin Is Hiring Regulators
Whereas everybody appears to be searching for an indication that institutional money is about to flood into bitcoin and revive the market, we merely acquired one different conformation that crypto has actually entered the big leagues. Companies throughout the enterprise are literally inserting former regulators on their payroll, as is widespread for Wall Avenue mega banks, authorities-supported telecom monopolies, rivals-stifling tech giants and the like.
Moreover Be taught: Bitcoin in Transient: New Patents, Evaluation Amenities and a $300M Fund
One different Regulator Will get a Big Paycheck
Alongside the announcement of its new $300 million a16z crypto fund, Andreessen Horowitz moreover revealed it had employed Katie Haun as its newest fundamental companion. Whereas most tech publications hailed the switch throughout the establish of vary and inclusivity, ensuing from her gender, few took discover that she is another in a string of presidency authorized professionals and regulators who joined the ranks of…