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Crypto’s ‘Revolving Door’ Hires Are Raising Eyebrows Among US Lawmakers

From blockworks.co

A number of prominent US lawmakers say they’re increasingly concerned about the growing number of financial regulators taking crypto jobs. Sen. Elizabeth Warren, D-Mass., and Rep. Alexandria Ocasio-Cortez, D-N.Y., were among those who penned a slew of letters Oct. 24 to a number of US financial watchdogs. “We write seeking information about the steps your agency is taking to stop the revolving door between our financial regulatory agencies and the cryptocurrency (crypto) industry,” they wrote. More than 200 government officials, per the lawmakers, have left public service jobs in favor of digital asset firms, where ... (full story)

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