Not in contrast to the Web’s historic affect, blockchain and digital asset applied sciences have the ability to engender better monetary inclusion and financial progress. To appreciate the total potential of those applied sciences although, trade leaders should come collectively to teach policymakers on the worldwide affect.
With this in thoughts, we’re thrilled to announce that Ripple has expanded our international regulatory group and is the primary main blockchain firm with a devoted GR workplace in Washington D.C. As well as, Craig Phillips, former Counselor to the Secretary on the U.S. Treasury Division, has joined Ripple’s Board of Administrators and can present depth to Ripple’s coverage management bench. Lastly, to assist advance belief and innovation in blockchain and digital asset applied sciences, we are actually a member of the Blockchain Association, and Michelle Bond, Ripple’s World Head of Authorities Relations, will sit on the board.
Within the U.S. and overseas, it’s vital for policymakers to be armed with trade information to assist them form situations that may allow technological innovation to thrive. At Ripple, we look ahead to continued conversations with policymakers and are constructing a group that brings a wealth of legislative and coverage expertise.
In his new capability as a Ripple Board of Administrators member, Craig Phillips will present counsel to Ripple’s management group and advise on strategic regulatory alternatives as Ripple expands its international community. Most lately, he oversaw regulatory framework improvement for the monetary system beneath Government Order 13772 in addition to efforts to boost the monetary sector’s cybersecurity by means of the Workplace of Important Infrastructure Safety and Compliance Coverage.
Led by Michelle Bond, who has served because the World Head of Coverage at Blockchain and Head of World Regulatory Affairs and Public Coverage at Bloomberg, in addition to Senior Counsel at each the Securities and Change Fee and the U.S. Senate Banking Committee, the expanded international regulatory group might be important advocates and voices as we proceed to interact with policymakers worldwide.
We’ve got expanded our international regulatory bench to incorporate Susan Friedman as Worldwide Coverage Counsel and Ron Hammond as Supervisor of Authorities Relations. Previous to Ripple, Friedman was the Senior Advisor to CFTC Chairman Heath Tarbert in his earlier capability as Treasury’s Assistant Secretary for Worldwide Markets. On this function, she commonly suggested and collaborated with Treasury officers on issues together with worldwide monetary providers regulation, funding safety, and commerce. As well as, Hammond joins Ripple having beforehand served because the Legislative Assistant to Consultant Warren Davidson the place he introduced policymakers from either side of the aisle collectively to revitalize the Token Taxonomy Act—a coverage that initiated the dialog across the want for regulatory readability.
But, we perceive that change doesn’t occur alone.
We’re excited to be included as members of the Blockchain Affiliation—an affiliation taking part in a key function in shaping our shared digital future. The Blockchain Affiliation gives a unified voice dedicated to constructing deep partnerships between know-how leaders and policymakers.
The members concerned with the affiliation advocate for superior belief, transparency, security and innovation of blockchain and digital asset know-how. The aim is to share information, establish alternatives and co-create a extra clear future in partnership with policymakers.
All international locations, governments and companies rise along with regulatory readability. To help the ecosystem collectively it’s vital for continued efforts just like the Blockchain Affiliation and the collaborative discussions being held at the moment in D.C. and overseas.
Let’s come collectively and notice the worldwide affect of those applied sciences.