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Apr
18

Former Bitcoin Regulator Turns Blockchain Advisor

From: CryptoCoinNews.com

Former New York regulator Benjamin Lawsky, who oversaw what many consider the most restrictive state bitcoin regulation known as BitLicense, now works as a counsel and media liaison for Axoni, a blockchain technology firm that uses blockchain in settling derivative transactions, according to Reuters.

 

Elliot Maras

Lawsky said he intended to start a consulting business when he announced his departure from the New York Department of Financial Services last spring, CCN reported. As a regulator, Lawsky had a reputation for consistently pushing for larger fines and stricter rules.

Lawsky’s firm, the Lawsky Group, plans to represent other blockchain clients. A member of the team is Matthew Anderson, who was a spokesman for the New York Department of Financial Services when it was developing the BitLicense.

 

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