Sunday, November 29, 2020

NYSE’s former regulation head takes crypto job at Andreessen Horowitz

Must Read

Guggenheim Partners prepares to dip investment fund’s toes into Bitcoin

An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the...

HUGE Altcoin Potential: Ethereum (ETH), Quant (QNT), TomoChain (TOMO), Kava.io (KAVA)

Bitcoin is still fighting to reach an new all time high. So in the meantime, let's examine some of the altcoin projects that will...

Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder: Hodler’s Digest, Nov. 21–27

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption...

Bitcoin relief rally is underway — Can BTC price reclaim $18K?

Bitcoin (BTC) price dropped severely in the previous week, falling from $19,500 to $16,000. Corrections never occur smoothly as dropdowns are frequently sudden and...

A senior regulation executive at the world’s largest stock exchange is moving into the cryptocurrency industry.

Anthony Albanese, a former chief regulatory officer at the New York Stock Exchange, is reportedly leaving his position to join Andreessen Horowitz, a major venture capital firm focused on investments in crypto and blockchain developments.

A spokesperson for Andreessen Horowitz told The Wall Street Journal that Albanese will leave NYSE to enter his new role in mid-November.

In his new position at Andreessen Horowitz, Albanese will focus on building the company’s regulation strategy for cryptocurrency projects and cooperation with regulators.

Andreessen Horowitz is known as a major blockchain and crypto-friendly VC company, having invested in some of the biggest crypto projects like the United States’ largest crypto exchange, Coinbase.

The top venture capital firm has been actively expanding its presence in the crypto sector in 2020. In April, Andreessen Horowitz raised $515 million for its second fund focused on crypto and blockchain. The new fund aims to focus on blockchain projects in a similar way to the company’s first crypto-oriented fund, which raised $300 million in 2018.