Not compared with the Internet’s historic impact, blockchain certification and digital asset systems have the ability to engender better money inclusion and financial development. To notice the comprehensive opportunity of these technologies although, marketplace leaders should arrive jointly to teach policymakers on the worldwide affect.
With this in head, we are thrilled to announce that Ripple has expanded our worldwide regulatory team and is the initial big blockchain certification firm with a committed GR business office in Washington D.C. In addition, Craig Phillips, previous Counselor to the Secretary at the U.S. Treasury Division, has joined Ripple’s Board of Directors and will give depth to Ripple’s coverage leadership bench. Ultimately, to help advance believe in and innovation in blockchain certification and digital asset technologies, we are now a member of the Blockchain Affiliation, and Michelle Bond, Ripple’s International Head of Government Relations, will sit on the board.
In the U.S. and abroad, it’s important for policymakers to be armed with sector know-how to support them shape circumstances that will allow technological innovation to prosper. At Ripple, we glance forward to continued discussions with policymakers and are setting up a workforce that brings a prosperity of legislative and policy expertise.
In his new capacity as a Ripple Board of Administrators member, Craig Phillips will present counsel to Ripple’s leadership staff and recommend on strategic regulatory chances as Ripple expands its world community. Most a short while ago, he oversaw regulatory framework improvement for the financial method under Govt Order 13772 as very well as endeavours to boost the financial sector’s cybersecurity by the Office of Vital Infrastructure Security and Compliance Plan.
Led by Michelle Bond, who has served as the Worldwide Head of Coverage at Blockchain and Head of World wide Regulatory Affairs and General public Plan at Bloomberg, as nicely as Senior Counsel at both of those the Securities and Exchange Commission and the U.S. Senate Banking Committee, the expanded international regulatory team will be very important advocates and voices as we go on to engage with policymakers throughout the world.
We have expanded our world wide regulatory bench to consist of Susan Friedman as Worldwide Policy Counsel and Ron Hammond as Manager of Government Relations. Prior to Ripple, Friedman was the Senior Advisor to CFTC Chairman Heath Tarbert in his previous capability as Treasury’s Assistant Secretary for Intercontinental Markets. In this part, she often recommended and collaborated with Treasury officers on matters which includes international economical services regulation, financial investment protection, and trade. In addition, Hammond joins Ripple possessing beforehand served as the Legislative Assistant to Representative Warren Davidson in which he brought policymakers from each sides of the aisle together to revitalize the Token Taxonomy Act—a plan that initiated the discussion all around the will need for regulatory clarity.
Still, we have an understanding of that transform doesn’t materialize by itself.
We are enthusiastic to be bundled as associates of the Blockchain Association—an affiliation enjoying a vital purpose in shaping our shared digital upcoming. The Blockchain Association delivers a unified voice fully commited to creating deep partnerships involving technological innovation leaders and policymakers.
The users included with the affiliation advocate for sophisticated have faith in, transparency, safety and innovation of blockchain certification and digital asset engineering. The purpose is to share information, identify possibilities and co-produce a extra clear potential in partnership with policymakers.
All nations around the world, governments and corporations rise alongside one another with regulatory clarity. To support the ecosystem alongside one another it’s vital for ongoing efforts like the Blockchain Association and the collaborative discussions being held right now in D.C. and abroad.
Let us arrive jointly and recognize the world-wide effect of these technologies.