Cryptocurrencies
Crypto Industry Masters Washington’s ‘Revolving Door’ as Its Influence Grows
- Ex-regulators steadily joining crypto ranks, new report finds
- Hiring spree also features execs joining government agencies
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People are increasingly moving between jobs in crypto and the government agencies that police the industry, raising potential conflicts of interest that could undermine efforts to rein in the sector, according to a watchdog group.
There have been nearly 240 instances of crypto’s so-called revolving door, where employees leave the government for the private sector and vice versa, according to a new report by the Tech Transparency Project.