Newsome is more of a regulatory heavyweight, having previously served under President Bill Clinton as Chairman of the Commodities Futures Trading Commission. He’s also held the leading position at the New York Mercantile Exchange (NYMEX). De Soto is currently the president of Institute for Liberty and Democracy, a rather influential thinktank based in Peru.
In both cases, BitFury seems to be aiming to add some of that hard-won knowledge one can only find in the wizened older generations. Often enough it is members of the previous generation who recognize the innovations of the current one most clearly. More often than that, it is they who fund and guide such innovations into heightened success. In de Soto, they have a renowned thinker and ardent capitalist who will likely advise them on the industry-wide ramifications of