Published on September 2nd, 2015 | by bitcoin0
ItBit Hires NYDSF Lawyer for Compliance Role, Bitcoin Exchange
ItBit has hired former New York State Department of Financial Services (NYDFS) general counsel Daniel “Danny” Alter as its general counsel and chief compliance officer.
Today, he finds that bitcoin and the blockchain could offer solutions for the very challenges it seemed to initially pose.
Alter told CoinDesk:
“At NYDFS, I had a special focus on anti-money laundering and economic sanctions enforcement.
Alter framed his interest in a position at itBit as an extension of his interests in compliance and regulation.
“I had no discussions about ever going to work with itBit, that didn’t come up until months after I left NYDFS,” Alter said.