Richard Potomac advises clients on complex regulatory, transactional and compliance matters impacting financial institutions and fintech companies. His practice spans commercial and technology transactions, digital payments, securities, business combinations and financial regulatory strategy.
Richard brings more than a decade of diverse legal experience across the private sector, federal government and judiciary. Most recently, Richard worked in-house as line-of-business and regulatory counsel at two large banks. In his roles there, he supported the payments businesses by negotiating complex commercial and technology agreements, as well as advising on an array of strategic, operational and regulatory matters, including issues involving payment products, data processing, card networks, prudential regulation and third‑party relationships. Previously he practiced at a global law firm, where he counseled clients on mergers and acquisitions, securities offerings, expansionary activities and engagements with federal and state banking agencies.
Before entering private practice, he served as a senior attorney for the Office of the Comptroller of the Currency, where he advised on regulatory, licensing and enforcement matters involving national banks and federal savings associations and supported the agency’s initiative to foster responsible financial innovation. He also clerked for the US District Court for the Western District of Texas after graduating from law school.
Passionate about digital assets, computer programming and technological innovation, in his free time he has engineered a Bitcoin full node, created websites and developed software applications. He enjoys exploring new ways to leverage and build with AI.