New York regulator appoints virtual currencies chief

The New York State Department of Financial Services (NYSDFS) has appointed former Promontory executive Peter Marton as deputy superintendent of virtual currency.

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New York regulator appoints virtual currencies chief

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Marton posted the news on LinkedIn, revealing that he will work within the regulator's research and innovation division.

He joins after more than six years at IBM-owned Promontary Financial Group, where he most recently led the digital assets practice.

NYSDFS posted an advert for the job last summer, saying the position would have a special focus on virtual currencies, digital currencies, blockchain, distributed ledger technology, and other related products and technologies.

Says Marton: "Crypto supervision should be a marathon not a sprint, and I look forward to continue this effort in earnest."

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