Paypal announces formation of Cryptocurrency, Blockchain Advisory Board! Six experts were selected
include: Peter Briger, co-chief executive of Fortress Investment Group, Chris Brummer, a professor at Georgetown University Law Center, and Shafi, a professor at the Weizmann Institute of Science in Israel Goldwasser; Timothy Massad, former chairman of the Commodity Futures Trading Commission; Antoinette Schoar, finance professor at MIT Sloan School of Management; and Neha, director of the Digital Currency Initiative at MIT Media Lab Told." Each of the six consultants has years of experience in blockchain and cryptocurrencies from a business and regulatory perspective. According to Cointelegraph, SoftBank Founder Masayoshi Son's proposal to invest in Bitcoin in 2017 was made by Peter Briger, co-chief executive of Fortress Investment Group. Dr.Shafi Goldwasser of
is a member of the MIT research team that pioneered zero-knowledge proof protocols long before cryptocurrencies. Dr.Narula, also at MIT, helped the Federal Reserve Bank of Boston build a digital currency for large-scale use while working on the digital currency project. As previously reported, in addition to releasing its super App Wallet in September last year that integrates payments, cryptocurrency transactions, and high-yield savings, payments giant Paypal is exploring its own stable currency, Paypal Coin. Earlier this year, Jose Fernandezda Ponte, senior vice president of crypto and digital currency at PayPal, confirmed in a statement to Bloomberg that it was exploring stablecoin.
Jose said at the time that the company was exploring a stablesoin, and if we seek to move forward, we will of course work closely with the relevant regulatory authorities.