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Wall Street Walkout: Top Execs Jumping Ship to Bitcoin
This week saw many companies bail out on New York after the BitLicense took full effect, including bitcoin exchanges Kraken and BitFinex, and Bitcoin marketplace Paxful. Much more quietly, another exodus is underway. This one is of the more traditional, mainstream “money changers” on Wall Street, heading towards the freedom of decentralized currency within the Bitcoin ecosystem. Migration from Wall Street to the Blockchain When a person changes companies or starts a new one, it rarely makes global news, but that all changed earlier this year. When Blythe Masters left JP Morgan to begin the Bitcoin startup Digital Asset Holdings, …
Wall Street / Aug. 11, 2015