Daily Archives: August 23, 2021, 10:33 am

Crypto firms are rushing to hire former regulators as federal agencies look to tame the ‘Wild West’ industry

In the past few months, the biggest crypto exchange has brought on a small army of former regulators – including former acting Comptroller of the Currency Brian Brooks, Senate Finance Committee chair Max Baucus, IRS criminal investigator Greg Monahan, and California’s chief financial regulator Manuel Alvarez. Since May, Binance says they have added 110 new employees to its compliance and…

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