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tony71

Craig Philips joins Ripple board of directors

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1 hour ago, tony71 said:
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SAN FRANCISCO--(BUSINESS WIRE)--Ripple, a provider of leading enterprise blockchain solutions for global payments, today announced Craig Phillips has been appointed to its board of directors. Craig will provide counsel to Ripple’s leadership team and advise on strategic regulatory opportunities as Ripple expands its global network.

“Craig’s appointment to the board further affirms our commitment to working with policymakers - bringing experience developing regulatory frameworks, enhancing cybersecurity and overseeing innovation and risk management in the financial system,” said Brad Garlinghouse, Ripple CEO. “This is an exciting time for Ripple as the blockchain industry at-large faces increased attention from regulatory bodies around the world, and we couldn’t be more thrilled with Craig’s decision to help further our vision.”

Craig brings more than 35 years of industry expertise to Ripple, having held leadership roles at Morgan Stanley and BlackRock. Most recently, Craig served as Counselor to Secretary of the Treasury Steven Mnuchin, where he oversaw regulatory framework development for the financial system under Executive Order 13772 as well as efforts to enhance the financial sector’s cybersecurity through the Office of Critical Infrastructure Protection and Compliance Policy. He also supported the development of policy for housing finance reform

 

looks very good!

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I wonder if he would be joining the board of directors if he felt Ripple was a sinking ship caught in the quagmire of litigation as to whether XRP is an unregulated security ..........This appointment should be extremely telling from a regulatory standpoint.  Kudos to the Ripple team.  

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