Former Securities and Exchange Commission Chairman Jay Clayton has joined venture firm Electric Capital as an advisor, part of a growing wave of ex-regulators flocking to the crypto space as the industry faces increasing scrutiny.
Kevin Warsh, a former member of the Federal Reserve Board of Governors, and Pratiti Raychoudhury, vice president and head of research at Meta Platforms Inc., were also named as advisors, Electric Capital said Wednesday.
Clayton is already an advisor to crypto custody firm Fireblocks Inc. and One River Asset Management, a cryptocurrency-fund manager backed by Alan Howard. Others joining crypto include former commissioner of the Commodity Futures Trading Commission Brian Quintenz, who serves as an advisory partner to Andreessen Horowitz’s crypto team, and former Acting Comptroller of the Currency Brian Brooks is now the chief executive officer of blockchain tech firm Bitfury. Ex-SEC Director Brett Redfearn oversaw capital markets at Coinbase Global Inc....
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...