Reyes
“is
a
technologist,”
Cowan,
whose
company
has
worked
with
dozens
of
other
regulators
over
the
globe,
told
CoinDesk.
“He
absolutely
gets
the
tech.
In
other
jurisdictions,
you
have
regulators
who
understand
the
regulations
and
investor
protection,
which,
of
course,
is
critical,
but
they
don’t
necessarily
understand
the
technology,
and
that
can
sometimes
make
it
quite
onerous
to
get
to
the
point
that
you
need
to
get
to.”
“It
was
a
very
detailed
and
complex
process.
I
mean,
we
submitted
a
700-page
application,”
Cowan
said.
“But
the
decision-making
process
was
a
lot
faster
[than
in
other
countries]
after
the
application
had
been
filed…
It
was
incredibly
thorough,
I
would
say,
as
equal
as
any
other
regulatory
process
we’ve
had
to
undergo
before.
It
wasn’t
easier,
just
quicker.”