I think this is huge. I've been investigating this exchange since the news came out and everything I find is pretty impressive and consistent. They seem to have a completely different approach.
I think it all ads up: communication with FCA, exploring Bitcoin protocol to increase security, p2sh, cold storage, then provable solvency, UK faster payments and now a commodities heavyweight from GS! What does that tell you? I'm still trying to investigate some issues reported on this forum though. But aside from some suspicious feedback here, it all looks very, very promising.
The exchange itself aside, ex-GS and Credit Suisse MD involved in any bitcoin businnes is great news and I'm glad that it's a UK company as it only reinforces the big bright future of UK being the strongest bitcoin hub. I feel like the community does not fully appreciate the weight of this hire. Either due to choosing to foolishly ignore the financial sector or due to lack of awareness of who Adam Knight is. I mean seriously, CNBC was reporting on his career moves based on undisclosed sources. This guy, being involved in anything bitcoin, can make a noticeable change.