June 19, 2024

Ripple Opens New Washington Office to Work with Lawmakers

Ripple Opens New Washington Office to Work with Lawmakers

Payments blockchain company Ripple has opened a new office in Washington, D.C. to build connectionswith lawmakers.

Craig Phillips, former adviser to the Secretary of the TreasuryUS Steven Mnuchin has joined Ripple's board of directors to advise the company on regulatory issues. Phillips has 35 years of executive experience at such well-known companies as Morgan Stanley, BlackRock and Credit Suisse.

There are two more experienced employees in the Ripple officegovernment jobs – Susan Friedman and Ron Hammond. Friedman joined Ripple as an international policy consultant to the US Commodity Futures Trading Commission (CFTC), where she was a senior adviser to the regulator's chairman, Heath Tarbert. Hammond joined Ripple as government relations manager.

In addition, the company joined BlockchainAssociation with the aim of sharing experiences to further develop innovation, which it intends to achieve through discussions in the blockchain space with policymakers and regulators.