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- A former White House chief of staff for former US President Donald Trump, Mick Mulvaney has joined hands with Astra Protocol.
- Adding him to the firm would facilitate Astra Protocol to tap into his expertise across varied regulatory environments, highlighted Phil Hogan, head of Astra Protocol’s advisory board.
- Mulvaney is also a former Republican congressman from South Carolina and director of the Office of Management and Budget during Trump’s Presidency.
Astra Protocol has recently hired former White House chief of staff for former US President Donald Trump, Mick Mulvaney as a strategic advisor.
The Swiss-based crypto firm is a decentralized compliance solution that facilitates protocols to deal with compliance regulation without eliminating decentralization or putting investors at risk, as its website claims it to be.
Mulvaney highlighted to a news website that firms like Astra can take some of the cloak and dagger out of crypto and take some time of the mystery out of blockchain. He will work with the startup as it raises money and works to navigate policy developments.
According to Phil Hogan, head of Astra Protocol’s advisory board, who highlighted in a statement, adding him as a strategic adviser will facilitate Astra Protocol to tap into his expertise across varied regulatory environments and help them deliver on their mission to provide the industry’s leading KYC/AML solution for DeFi protocols across the world.
He is also a former Republican congressman from South Carolina and director of the Office of Management and Budget during Trump’s Presidency.
Astra provides decentralized finance (DeFi) platforms with software to comply with government regulations, such as know-your-customer (KYC) requirements, and identity verification standards designed to prevent fraud, terrorism financing, and money laundering.
The DeFi space has recently gained massive traction as it enables users to borrow, trade, and lend virtual assets and eliminates the requirement of an intermediary. More and more entities are getting inclined toward the concept, it is to look forward to how it might further disrupt the industry.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
