Digital Currency/Stablecoin/Tokenization Series: TokenSoft Appoints Ex-Regulatory Counsel At SEC And CFTC As Chief Legal Officer

‘TokenSoft’ who are the multi-blockchain issuance platform and the leading platform for financial institutions issuing securities on blockchains, has announced to appoint Alex C. Levine as Chief Legal Officer of TokenSoft and President of DTAC, which is TokenSoft's approved affiliate transfer agent.

the CEO of TokenSoft, Mason Borda, says “Recruiting Alex to our team was an important step for TokenSoft to ensure our customers receive best in class compliance tooling for security token issuances, Alex’s regulatory and blockchain experience will ensure our transfer agent offering can meet the complex compliance needs of all security offerings.”

Alex carries wide ranges of experience in regulatory offices and various FinTech companies for the area of blockchain & crypto compliance. 

His regulatory office experience involves when he served at the U.S. Securities & Exchange Commission (SEC) where he was intimately involved in the regulatory response to the credit crisis and with the U.S. Commodity Futures Trading Commission (CFTC) where he was a part of rulemaking efforts under the Dodd-Frank Act.

He also holds expertise leading the implementation of a regulatory framework in response to Dodd-Frank requirements at the Options Clearing Corporation (OCC), a systemically important financial market utility (SIFMU).

In addition, he worked as the General Counsel & Chief Compliance Officer at Pangea, a global fintech company bringing banking and financial services to those unserved by the current marketplace via cryptocurrency, blockchain, and other innovations.

As the Chief Regulatory Officer & Head of Legal at TrustToken, a fintech company that created the first regulatory-compliant stablecoin tied to the US dollar and other currencies.

And as the Head of Legal & Chief Compliance Officer at LedgerX, the first federally-authorized exchange and clearinghouse for bitcoin and other cryptocurrency derivatives

Altogether, Alex’s career has spanned more than 17 years as an attorney and legal executive focused on the practice of regulatory, securities, and derivatives law. 

"I am very excited to join TokenSoft and to help it navigate the regulatory requirements for security offerings and token issuances," announced Alex. "The regulatory framework for blockchain and cryptocurrency is rapidly evolving, and TokenSoft is at the forefront of paving a path of compliance for top-tier financial institutions looking to issue digital assets."