Ripple Joined by Former White House Advisor as Board Member

Ripple

Ripple’s Director of Developer Relations – Matt Hamilton – announced his departure due to personal issues. On the other hand, the blockchain firm appointed Michael Warren as the newest member of its Board of Directors. The American has previously served as Senior Advisor in the White House during the Obama administration.

Hiring of a former White House adviser

It’s not all bad news for Ripple. According to a separate announcement, the blockchain organization has welcomed Michael Warren to its board of directors. The latter has more than 20 years of experience in advising clients on economic and geopolitical issues.

He is also the Managing Director of Albright Stonebridge Group, where he consults investors and companies on how to operate their businesses, complying with existing regulatory requirements.

Warren also served on the White House Presidential Personnel Office during President Barack Obama’s tenure, serving on the Audit Committee.

Ripple raised hopes that via Warren’s appointment, the company will expand its presence in international markets and obtain good relations with global financial watchdogs.

“I am thrilled to join Ripple at such a pivotal time in history, both for the company and for crypto in general. I have long admired the tenacity shown by Ripple and its management team, using regulatory setbacks in the United States as an opportunity to launch crypto regulation for the benefit of industry innovation and to establish rules equal play for all.

I look forward to being part of Ripple’s efforts to advance crypto regulation as the company further solidifies its position as a leader in global finance and the digital economy,” said American.

Not Without Hiccups

Matt Hamilton – top developer at Ripple – revealed his wife is currently going through some health issues, and he needs more time to support her. As such, the American disclosed his resignation from his position. He thanked the company, which has been “amazingly supportive” towards him throughout the tough times:

“Ripple has been incredibly supportive throughout this time, both personally and professionally. However, despite all the support, it has become clear that I am turning too many plates. I will therefore be leaving my position at Ripple to focus on supporting my family and helping my wife recover.

Even though he is no longer part of Ripple’s family, Hamilton will stay involved in the XRP Ledger community to a “lesser degree for a while.”

admin

Read Previous

ETH Price Analysis: This is The Next Important Resistance for Ethereum

Read Next

Itheum Inches Closer to Launch, Yields $2.5 Million from Top VCs

Leave a Reply

Your email address will not be published. Required fields are marked *

Right Menu Icon