This news confirms a trend in which regulatory professionals are moving to the crypto industry.
According to a Bloomberg report, Electric Capital, a crypto-focused venture capital company, has appointed Chariman Jay Clayton, former Securities and Exchange Commission (SEC), as an advisor.
Two other advisors were also mentioned by the crypto investor: Kevin Walsh (an ex-member of the Federal Reserve Board of Governors) and Pratiti Raychoudhury (vice president and research chief at Meta Platforms, MetaAdvisors).
Clayton isn’t new to crypto since leaving the SEC. Clayton isn’t new to the crypto space since leaving the SEC. Quintenz is on Andreessen Horowitz’s crypto advisory board. Giancarlo, a strategic advisor at CoinFund.