Bloomberg Law
July 11, 2019, 4:48 PM

Crypto Standards Group Taps Legal Team to Reassure Lawmakers

Lydia Beyoud
Lydia Beyoud
Fintech & Regtech Reporter

Prominent U.S. virtual currency exchanges are bringing in legal heavyweights from the worlds of traditional finance and blockchain to help develop a self-regulatory organization.

Alma Angotti, a former senior official at the SEC and Treasury’s Financial Crimes Enforcement Network, as well as Dana Syracuse, a former New York Department of Financial Services general counsel, are among those who will help develop enforcement policies and best practices for the Virtual Commodity Association.

The July 11 announcement is the latest effort by the group led by Gemini, bitFlyer USA, Bittrex and BitStamp that’s waging a months-long campaign to win over Washington. The ...

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