30 Oct '14, 1pm

Ex-SEC Chief: Bitcoin Companies Need Compliance To Succeed: The former Securities and

Ex-SEC Chief: Bitcoin Companies Need Compliance To Succeed: The former Securities and

The former Securities and Exchange Commission (SEC) chairman Arthur Levitt discussed the evolving regulatory landscape for bitcoin companies and the commission's ability to keep up with fast-paced technological changes in a wide-ranging interview on Bloomberg TV yesterday. Levitt, who is the SEC's longest-serving chairman, became one of the highest-profile figures from the world of financial regulation to enter the cryptocurrency space when he announced that he was joining BitPay and Vaurum as an advisor two days ago. In the Bloomberg TV interview, Levitt said he had been approached by six bitcoin companies before deciding to join BitPay and Vaurum. He said he had become "fascinated" by bitcoin as he learned about it and he highlighted the "irreverent" and "smart" entrepreneurs leading the bitcoin startups he's advising. The former SEC supremo, whose eight-year tenure ther...

Full article: http://www.coindesk.com/ex-sec-chief-bitcoin-companies-ne...

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Arthur Levitt, the longest-serving chairman of the Securities and Exchange Commission, is joining the advisory boards of t...

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Former SEC Chairman Arthur Levitt Jr. has agreed to advise two bitcoin companies -- BitPay and Vaurum. Alex Wong/Getty Ima...

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