RATE Group | Ex-regulators join advisory board of cryptocurrency startup Omniex
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Ex-regulators join advisory board of cryptocurrency startup Omniex

07 Aug Ex-regulators join advisory board of cryptocurrency startup Omniex

Posted at 18:02h in Cryptocurrency News by

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NEW YORK (Reuters) – Former U.S. Securities and Exchange Commission chairman Arthur Levitt and former Federal Deposit Insurance Corp chair Sheila Bair have joined the board of advisors of cryptocurrency trading platform Omniex, the company said on Tuesday.

FILE PHOTO: Arthur Levitt, former Chairman of the United States Securities and Exchange Commission (SEC), takes part in the Reuters Global Wealth Management Summit in New York June 5, 2013. REUTERS/Adrees Latif

Omniex also said it had hired Maartje Bus, former head of capital markets at Thomson Reuters Corp (TRI.TO), as director of strategic partnerships, and Tom Eidt, former head of KCG’s regulatory affairs, as chief compliance officer and general counsel.

More former watchdogs and financial services executives have been joining the cryptocurrency ranks, as the nascent sector looks to mature and cope with more regulatory scrutiny.

“We’re in the nascent stages of a revolutionary, global asset class, but we’re…

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