lawsky in A Sentence

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    New York state's banking regulator Benjamin Lawsky ordered the bank to fire another four who had been suspended or placed on paid leave.

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    Ben Lawsky is another former regulator who joined the Cryptocurrency industry in 2015 when he became one of the members of Ripple's board of directors.

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    Levitt pointed out that Lawsky's move, along with his call for public comments on the BitLicense, showed that he understood the"fine line" between protecting the investing public and allowing new technologies the time and space to flourish.

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    While there's no clear consensus about the proposed BitLicense regulations, Lawsky has been open to hearing comments from all stakeholders and has made revisions to the proposal in response to suggestions made by members of the bitcoin industry.

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