Former L.A. Mayor Antonio Villaraigosa joins cryptocurrency company Coinbase as adviser

By Laura J. Nelson | LA Times

Former Los Angeles Mayor Antonio Villaraigosa doesn’t own any cryptocurrency — at least, not yet. But he’s about to become a player in the industry’s push for friendlier cryptocurrency rules.

The trading platform Coinbase announced Tuesday that Villaraigosa, a Democrat who was mayor of Los Angeles from 2005 to 2013, is taking a paid position with its global advisory council.

In an interview with The Times, Villaraigosa said that he won’t be lobbying on behalf of Coinbase but that he is advising the company on securing a “robust, fair regulatory framework” for American customers.

Read more at: LA Times

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