2018-6-27 00:41 |
Florida is set to have its own cryptocurrency czar.
The Sunshine State’s chief financial officer, Jimmy Patronis, said in a statement Tuesday that he has created a new position to supervise the state’s cryptocurrency industry.
He explained that the new overseer will be tasked with enforcing applicable regulations to protect investors from potentially malicious actors.
“Florida can no longer remain on the sidelines when it comes to cryptocurrency.
While he wants to “keep pace with demand and not deter innovation,” Patronis added that “it is absolutely essential that Florida create safeguards to protect our consumers from fraud.”
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