Ripple payment blockchain company has opened a new office in Washington, DC, with the aim of establishing contacts with lawmakers.
Craig Phillips, Former Advisor to the Secretary of the TreasuryUS Stephen Mnuchin joins Ripple's board of directors to advise the company on regulatory issues. Phillips has 35 years of seniority with leading companies such as Morgan Stanley, BlackRock, and Credit Suisse.
There are two more employees with experience at the Ripple office.government jobs - Susan Friedman and Ron Hammond. Friedman joined Ripple as a foreign policy adviser to the US Commodity Futures Trading Commission (CFTC), where she was senior adviser to regulator chairman Heath Tarbert. Hammond joined Ripple as Government Relations Manager.
In addition, the company joined Blockchain.Association in order to exchange experience for the further development of innovations, which it intends to achieve through discussions of the blockchain space with politicians and regulatory bodies.