RATE Group | Georgia Senator’s Cryptocurrency and Stock Exchange Ties Make for Tricky Balancing Act
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Georgia Senator’s Cryptocurrency and Stock Exchange Ties Make for Tricky Balancing Act

07 Dec Georgia Senator’s Cryptocurrency and Stock Exchange Ties Make for Tricky Balancing Act

Posted at 00:02h in Cryptocurrency News by

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THE APPOINTMENT OF KELLY LOEFFLER as the next senator from Georgia puts a top financial executive in a position to oversee her former company’s regulators. Loeffler spent more than a decade as a senior executive at Intercontinental Exchange Inc., or ICE, the parent company of the New York Stock Exchange and other market platforms. Last year, she became CEO of a digital-currencies trading and storage project that faced repeated delays in winning regulatory approval. Her husband, Jeffrey Sprecher, is the CEO of ICE. Sprecher owns a 1.12% stake in ICE, which is worth around $580 million based on the company’s current market…

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