Cryptocurrencies
Ex-CFPB Deputy to Guide Crypto Firms Through Regulatory Thicket
- Raj Date’s FS Vector aiming ‘to educate on all sides of this’
- Former banker helped Elizabeth Warren launch consumer bureau
Raj Date in 2011.
Photographer: Rich Clement/Bloomberg
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A former Consumer Financial Protection Bureau deputy director turned venture capitalist is opening a consulting shop to help cryptocurrency and digital banking companies navigate Washington.
Raj Date’s new firm, FS Vector, said in a statement that it will focus on regulatory, legislative and compliance issues. Along with crypto clients, FS Vector plans to work with other financial technology companies such as robo advisers, online lenders and digital-payment providers, as well as traditional banks.