Michael Warren Joins Ripple’s Board of Directors

California-headquartered Ripple, a blockchain payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term company, announced on Wednesday that Michael Warren had joined its Board of Directors.

According to the announcement, the executive arrives at the company with over 20 years of experience advising clients on international growth strategies, stakeholder management issues, as well as economic and geopolitical issues affecting global markets.

Being the Managing Director of Albright Stonebridge Group, which is part of Dentons Global Advisors, Warren advises companies, investors and stakeholders on business and regulatory landscapes in emerging markets.

Before joining ASG, Warren served in two US administrations. During the first term of President Barack Obama, he was the Senior Advisor to the White House Presidential Personnel Office.

In 2010, President Obama appointed Warren to the Overseas Private Investment Corporation Board of Directors where he served on the Audit Committee until his term ended in 2019. During the Clinton administration, he worked at the White House and the US Department of Labor as Executive Director of the National Economic Council.

Warren's Reaction

“I’m excited to join Ripple at such a pivotal moment in history, both for the company as well as crypto at large. I have long admired the tenacity shown by Ripple and its management team, using regulatory setbacks in the US as an opportunity to pioneer crypto regulation for the benefit of industry innovation and establish an equal playing field for all. I look forward to being a part of Ripple’s efforts to move the needle forward on crypto regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term while the company further solidifies its position as a leader in global finance and the digital economy,” Warren commented.

Furthermore, the blockchain firm issued the following statement about Warren’s new role in Ripple: “Warren joins our Board of Directors at a critical time. He will be a key part of our larger growth strategy to help strengthen Ripple’s global presence as we continue to champion regulatory clarity in the US and expand our presence in global markets as the leading provider of crypto solutions for business.”