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Ethereum Co-Founder and Ripple Executive Join New York’s Digital Currency Taskforce

July 24, 2019

Ethereum co-founder Joseph Lubin and Ripple director of regulatory relations Ryan Zagone have been appointed to New York’s new Digital Currency Taskforce.

The group will help New York lawmakers shape the regulatory environment for blockchain and cryptocurrency in the Big Apple.

Lubin and Zagone are joining a total of 13 people who will serve on the taskforce – six appointed by the legislature and seven appointed by the governor. So far, the legislature has released its list of appointees, which includes:

  • Sandra Ro, CEO of the Global Blockchain Business Council

  • Yaya Fanusie, adjunct fellow for The Foundation for Defense of Democracies

  • Yorke Rhodes, co-founder of blockchain at Microsoft

  • Aaron Wright, professor at Cordoza School of Law

Assemblymember Clyde Vanel announced the six legislative selections for the task force, which was created back in January.

“New York was the first state in the nation to create a cryptocurrency task force to help the states and the country figure out how to properly regulate digital currency and blockchain technology…

We are excited that we’re going to have some of the premier people in blockchain technology and in cryptocurrency help guide New York state and the country, and maybe the world, on finding the right level of regulations in this space.”

Vanel introduced the proposal that created the task force back in 2017 in an effort to “study and report on the potential implementation of blockchain technology in state record keeping, information storage, and service delivery.”

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