Ripple Gains Four New Members To Regulatory Team

Ripple gains four new members to the global regulatory team and the company also announced that they will be joining the Blockchain association as we are reading further in the XRP news today.

The San Francisco-based blockchain startup announced today (Oct.22) that they onboarded four new members including Michelle Bond, Craig Phillips, Ron Hammond, and Susan Friedman- to the global regulatory team which is based in Washington D.C. Bond will also sit on the board of the Blockchain association. Phillips joined Ripple from the United States Treasury Departemtn where he served as a Counselor to the Secretary and also worked on the executive order 13772 which is a presidential executive order that establishes series of standards designed to manage regulatory action that has an impact on the financial sector. At Ripple, Phillips will advise on a strategic regulatory opportunity.

Before Ripple, Bond served as the global head of policy at blockchain and head of global regulatory affairs and public policy at Bloomberg. Bond was also a Senior Counsel at both the US Senate Banking Committee and the Securities and Exchange Commission. Friedman worked as the Senior Advisor to the CFTC Chairman Heath Tarbet as the Treasury’s Assistant Secretary for International markets while at Ripple she will serve as the international policy counsel. Ron Hammond joined Ripple as a manager of government relations after he finished working as a Legislative Assistant to Representative Warren Davidson.

It’s great that Ripple gains great members with a lot of experience and the membership in the Blockchain Association will also put it in contact with many of the regulators that are working in the crypto space. The Association is a non-profit one that consists of plenty of blockchain advocates and promotes the adoption of blockchain technology around the globe. As it was previously reported, Ripple’s XRP went through a rebranding phase as it fused three of its services- xRapid, xCurrent and xVia into the RippleNet offering. The company truly believes that moving from a suite of services to offer a real network to its customers is only a natural evolution of its strategy due to the growth of the user base and the further development.