Blockchain’s Sweetbridge Adds Former US Mint Director Ed Moy To Advisorsbr>
Sweetbridge, a blockchain-based financial system, has appointed former director of the United States Mint Edmund C. Moy as an official advisor to the organization, effective immediately.
Moy was one of the first senior federal government officials to embrace the potential of cryptocurrencies and blockchain technology. He brings his understanding of the existing fiat system and government regulatory experience to Sweetbridge, where he will serve on the advisory board. He is now responsible for advising on financial infrastructure, regulatory matters, and government relations.
As the director of the United States Mint, Moy was responsible for running the world’s largest manufacturer of fiat currency in circulation, including coins, precious metal bullion, and numismatic products. He worked closely with the US Department of the Treasury, Congress, and the Federal Reserve, especially during the financial crisis and recession. He has also served as a special assistant to the president for presidential personnel at the White House.
“We are delighted to have gotten Edmund’s support for our network at this stage in our growth,” said CEO and chairman Scott Nelson. “As we get close to the individual portion of our public crowdsale closing and turn our attention to corporates and enterprises, his insight and extensive network will be invaluable for turning our vision into a reality. We are extremely proud of the calibre of our board and feel it is testament to the revolutionary financial system we are building, that is designed to create a better way.”
Moy said the company is “poised to become one of the premier companies that fulfills blockchain’s promise to modernize supply chains and their financing.”
The individual member portion of the Sweetbridge public crowdsale is closing on Thursday.