Former US Mint Director Edmund Moy has forged closer allegiances with the Bitcoin world, now joining New York-based bitcoin payment processor ‘s board of advisors.
Moy served as the Mint’s 38th director from 2006 to 2011, during which he was awarded the Alexander Hamilton Medal for public service.
During the past year he has become a vocal advocate of Bitcoin, defending it in articles and social forums like Twitter. Last July, he his first purchase of bitcoin–0.25 BTC, which cost him roughly the equivalent of $155.
Coin.co’s stated business is the integration of bitcoin payments for merchants and having them converted straight to USD. It says to charge no fees and offer custom integrations “into almost any existing merchant payment system.”
It also says to have “strong banking and political relationships,” and is “focused on establishing relationships with some of the world’s most influential companies and institutions.”
The indication is that Moy will take on a pioneering role in helping to grow the company from the ground up. “Coin.co has an outstanding team, a great service, and growing momentum. Together, we will build a great company that will profoundly change the stodgy payments industry,” he said.
Coin.co CEO Alex Waters said that Moy’s knowledge and experience will be highly valuable in a changing regulatory landscape.
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