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PayPal Forms Crypto Advisory Council

The six members will help the company create a digital financial system.

(CoinDesk archives)

PayPal has formed an advisory council to support crypto-related products and help guide the company on creating a digital financial system, Jose Fernandez da Ponte, a senior vice president for blockchain, crypto and digital currencies at PayPal, said.

  • The six members include the following: Peter Briger Jr., co-CEO of Fortress Investment Group; Chris Brummer, a professor at Georgetown Law; Shafi Goldwasser, director of the Simons Institute for the Theory of Computing at the University of California, Berkeley; Timothy Massad, a former Assistant Secretary of the Treasury for Financial Stability; Neha Narula, director of the Digital Currency Initiative, which is part of MIT Media Lab; and Antoinette Schoar, a finance professor at the Massachusetts Institute of Technology's Sloan School of Management.

Read more: PayPal Is Exploring Creating Its Own Stablecoin as Crypto Business Grows

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Michael Bellusci

Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.

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