Business Standard

Crypto startups' hottest hires aren't millennials, they're banking cops

A growing number of crypto startups are adding former regulators and other government authorities to their payrolls

Bitcoin
Premium

Bitcoin

Annie Massa | Bloomberg
Veteran Wall Street enforcers are landing new roles on a wild frontier: virtual currencies.

A growing number of crypto startups are adding former regulators and other government authorities to their payrolls, a practice that could help them head off or prepare for stricter rules. Ventures have snapped up ex-prosecutors, national security officials and at least one former senior diplomat -- all of whom may prove handy as nations decide whether to embrace or outlaw digital money.

The drumbeat of hires crescendoed in November when Ripple, a venture looking to rewire global banking with its own cryptocurrency, added Ben Lawsky to its board.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 27 2018 | 5:58 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com