FINRA CEO Robert Cook has a message for those recently laid off by cryptocurrency companies: He wants them to call him.
The Financial Industry Regulatory Authority (FINRA) is gearing up for greater involvement in cryptocurrency after several organization members showed interest in digital asset trading. Cook said at an industry conference Tuesday that he expects FINRA to play a role in overseeing digital asset markets as federal agencies consider market protection measures.
Cook said that FINRA has approved dozens of its members for trading in cryptocurrencies. Setting aside resources and staff, the non-governmental observer said it is investigating whether it can perform cross-market surveillance across blockchains. Cook also encouraged employees who were recently laid off by crypto companies to call him. The falling cryptocurrency market has triggered layoffs at major crypto exchanges, including Coinbase, Gemini, BitMEX, Buenbit, and Bitso.
FINRA’s Cook, meanwhile, isn’t the only one addressing the sacked blockchain industry workers. Crypto entrepreneur Justin Sun said in a tweet on Tuesday that his firms TRON, Poloniex, BitTorrent, USDD, APENFT, JUST Foundation and SunIO are actively recruiting.
Binance also said it has 2,000 open positions, while Kraken flagged the global hiring pressure on a blog, confirming its plans to fill more than 500 positions this year.
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