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XRP Lawsuit: Former White House Official Joins Ripple Amid Regulatory Battle with the SEC

September 27, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Ripple has welcomed a brand new addition to its management staff in a strategic transfer. Lauren Belive, a former White Home official with a wealth of expertise in authorities affairs, has taken on the position of Ripple’s Head of U.S. Public Coverage and Authorities. Belive’s appointment comes at an important time for Ripple; The corporate has been deeply entangled in a regulatory battle with the U.S. Securities and Trade Fee (SEC). 

Ripple’s mission to revolutionize cross-border funds inside the intersection of expertise and finance has confronted hurdles because of regulatory ambiguity. The corporate is now doubling down on securing its place within the U.S. monetary markets.

Who Is Lauren Belive?

Lauren Belive began her profession on the Home Oversight and Authorities Reform Committee underneath the steering of California Consultant Henry Waxman. Her tenure within the Obama White Home included work within the Workplace of Legislative Affairs, and she or he was additionally concerned in President Obama’s marketing campaign, in accordance with her LinkedIn profile.

Earlier than taking up her position at Ripple, Belive held positions in multinational firms. Whereas at Zoom, she served because the director of presidency affairs for SoftBank Group Worldwide, the place she managed U.S. authorities relations.

She wrote on Linkedin, “My position shall be to steer our engagement in Washington and nationally, guaranteeing that we’re not solely a part of the dialog however driving it ahead with readability and goal. With regulatory landscapes evolving, it’s paramount that we advocate for insurance policies that not solely assist the crypto trade but additionally the numerous people and companies that would profit from these developments.

She talked about that it’s essential to advertise insurance policies that assist the cryptocurrency trade and profit many individuals and companies as regulatory guidelines evolve. By means of these insurance policies, Belive careworn the significance of supporting progress in each the crypto sector and the general financial system.

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Tags: battleHouseJoinslawsuitOfficialregulatoryRippleSECWhiteXRP
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