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After nearly 32 years at the New York Federal Reserve, former chief executive Martin Grant has moved to a cryptocurrency company. The list of executives who choose the cryptocurrency sector instead of the traditional financial market is added members.
The former Head of the New York Federal Reserve has officially joined the wave of shift to the cryptocurrency market with senior figures. In the traditional financial market.
Martin Grant joined JST Capital, a financial firm specializing in digital assets as director of global affairs and transparency management. The news was announced on Tuesday, but Grant had begun work a day earlier.
Grant's responsibility is to support the development of a digital asset management environment for the company's Headquarters in New York. There could be more regulation of cryptocurrencies after President Joe Biden's March executive order.
In a press release, Grant said: "Regulators around the world have begun to become fully aware of the potential of digital assets and their role in the global economy, and policies aimed at protecting users at all levels are being rushed to perfection."
Grant has 32 years of experience at the New York Fed in a variety of positions, the most recent of which was on his LinkedIn profile as chief compliance and ethics officer for 16 years.
In the last two years, nearly 80 executives of government financial agencies have moved jobs to cryptocurrency companies, according to a February report by the Tech Transparency Project.
