RATE Group | New York Legislature Names Initial Members to Crypto Task Force
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New York Legislature Names Initial Members to Crypto Task Force

New York Legislature Names Initial Members to Crypto Task Force

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The New York State legislature has selected six representatives from the blockchain and cryptocurrency industry to join its Digital Currency Taskforce, first formed in January.

Revealed in a video announcement Monday, Assemblymember Clyde Vanel announced the legislature has selected three chief executives from blockchain startups, two members of industry think tanks, and a regulatory expert in the field.

The group will advise the state on how to “regulate, define and use” cryptocurrencies and prepare reports on the state of the crypto industry for December 15, 2020.

Members include ConsenSys founder Joseph Lubin, Global Blockchain Business Council CEO Sandra Ro, adjunct fellow at the foundation for Defense of Democracies Yaya Fanusie, co-founder of Blockchain @ Microsoft York Rhodes, director of regulatory relations a Ripple Ryan Zagone, and professor of law at Cardozo School of Law Aaron Wright.

“We’re excited that we’re going to have some of the premier…

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