Former US Mint Director Edmund Moy Joins Coin.co Board of Advisors

Former US Mint Director Edmund Moy has forged closer allegiances with the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term world, now joining New York-based bitcoin payment processor Coin.co'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 proudly tweeted 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 Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term 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.