The Chamber of Digital Commerce (CDC), a digital currency advocacy group, has appointed former Wall Street executive Blythe Masters to its board of advisors.
Masters will work alongside James Robinson, co-founder at venture capital firm RRE Ventures; and Jason Weinstein, former head of the Department of Justice's (DOJ) criminal division; to help foster key relationships between the Washington DC-based trade association and traditional finance institutions.
Perianne Boring, founder and president of CDC, noted that although digital currencies and blockchain tech are leading the next generation of commerce, the lack of regulatory clarity continues to be one of the industry's greatest challenges.
"With the team we have assembled, we are working to educate policymakers to help shape their familiarity and understanding of these technologies," she said.
The announcement follows the appointment of bitcoin entrepreneur and banker Matthew Mellon, who joined the CDC as an honorary executive committee chairman in November last year.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.