Ripple Expands Global Regulatory Team in D.C.

by | Oct 22, 2019

Ripple has once again performed a strategic move in expanding its Global Regulatory team in Washington D.C. and opening a dedicated GR office there.

As announced:

“Ripple has expanded our global regulatory team and is the first major blockchain company with a dedicated GR office in Washington D.C. In addition, Craig Phillips, former Counselor to the Secretary at the U.S. Treasury Department, has joined Ripple’s Board of Directors and will provide depth to Ripple’s policy leadership bench. Finally, to help advance trust and innovation in blockchain and digital asset technologies, we are now a member of the Blockchain Association, and Michelle Bond, Ripple’s Global Head of Government Relations, will sit on the board.”

In his new capacity as a Ripple Board of Directors member, Craig Phillips will provide counsel to Ripple’s leadership team and advise on strategic regulatory opportunities as Ripple expands its global network.

Frank Chapparo (Director of news at TheBlock) tweeted out that his DC sources say “Craig is a force” and will get stuff done for the firm.

The expanded GR team will be Led by Michelle Bond, who has served as the Global Head of Policy at Blockchain and Head of Global Regulatory Affairs and Public Policy at Bloomberg, as well as Senior Counsel at both the Securities and Exchange Commission and the U.S. Senate Banking Committee. The team will be vital advocates and voices as they continue to engage with policymakers worldwide. 

In addition, Ripple’s GR team includes Susan Friedman (former Senior Advisor to CFTC Chairman Heath Tarbert in his previous capacity as Treasury’s Assistant Secretary for International Markets) as International Policy Counsel and Ron Hammond (former Legislative Assistant to Representative Warren Davidson) as Manager of Government Relations.

Ripple had previously launched the Securing America’s Internet of Value Coalition (SAIV) and as mentioned by Forbes, the new Ripple D.C. office does not mean the end of this coalition, but it will merge into the Blockchain Association.

Ripple is also a member of INATBA (International Association for Trusted Blockchain Applications), an organization that offers developers and users of DLT a global forum to interact with regulators and policy makers and bring blockchain technology to the next stage and Blockchain for Europe.

It seems that Ripple is working at full throttle to bring regulatory clarity to the space and XRP. It’s no wonder that Brad Garlinghouse, Ripple’s CEO, has been engaging more frequently on TV and conferences, fighting FUD and raising awareness.

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