CoinVoice has learned that, according to Cointelegraph, the UK Business Appointments Advisory Committee (ACOBA) has approved former Northern Ireland Secretary John Baker to serve as an advisor for the Bitcoin investment company Axiom. Baker will join the company's second venture capital fund, Axiom Venture Fund II, as a part-time advisor.
Axiom announced in August of this year plans to raise $75 million for its second venture capital fund. To mitigate potential risks, the committee has set several restrictions on Baker's appointment, including a ban on using government confidential information for Axiom's benefit for the next two years, a prohibition on lobbying the UK government, and a restriction on providing advice to Axiom in areas related to his previous ministerial role. [Original link]