BitFury has announced a pair of high-profile appointees to its advisory board and established a new body of technical advisors.
Dr Newsome is also the former CEO of the New York Mercantile Exchange (NYMEX). An appointee of President Bill Clinton, he assisted the administration as a member of the President's Working Group for Financial Markets and led the CFTC’s regulatory implementation of the Commodity Futures Modernization Act of 2000 (CFMA).
Dr Newsome said he was honored to serve on the board, stating:
De Soto compared BitFury's work to mankind's efforts to manage and utilize its information over the centuries, saying blockchain technology "may just be one of the most significant contributions to the history of organizing knowledge".
The bitcoin mining firm has also opened a new office in Washington, DC, a move it suggests will put it closer to some of the US's biggest lobbyists and policy influencers.
Technical advisory board
Brody is currently the Americas Strategy Leader for the Technology Sector at Ernst & Young.
Echoing his past statements about blockchain technology, he said it has more uses than in just the financial industry:
Previously announced members of BitFury's advisory board include former federal prosecutor Jason Weinstein; Samsung Electronics president and chief strategy officer Young Sohn; former chairman and CEO of UMC Dr Jackson Hu and founder and Binary Capital partner Jonathan Teo.
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