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

A senior regulation government on the world’s largest inventory change is shifting into the cryptocurrency trade.

Anthony Albanese, a former chief regulatory officer on the New York Inventory Change, is reportedly leaving his place to hitch Andreessen Horowitz, a significant enterprise capital agency centered on investments in crypto and blockchain developments.

A spokesperson for Andreessen Horowitz told The Wall Road Journal that Albanese will go away NYSE to enter his new position in mid-November.

In his new place at Andreessen Horowitz, Albanese will concentrate on constructing the corporate’s regulation technique for cryptocurrency tasks and cooperation with regulators.

Andreessen Horowitz is called a significant blockchain and crypto-friendly enterprise capital agency, having invested in among the largest crypto tasks like the USA’ largest crypto change, Coinbase.

The highest enterprise capital agency has been actively increasing its presence within the crypto sector in 2020. In April, Andreessen Horowitz raised $515 million for its second fund centered on crypto and blockchain. The brand new fund goals to concentrate on blockchain tasks in the same method to the corporate’s first crypto-oriented fund, which raised $300 million in 2018.