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- The Crypto Council for Innovation (CCI) is welcoming government insiders into its leadership team.
- The two big names that emerged from the CCI announcement are Linda Jeng and Brett Quick.
CCI’s New Members
The global alliance group CCI hired two new members into its group. As they are having experience in financial regulatory policy. By the recent announcement of CCI, they hired Linda Jeng, who is an ex-employee of the Federal Reserve Board and Treasury Department.
The other one is Brett Quick, who is former deputy chief of staff for House Financial Services Committee chair Emeritus Spencer Bachus.
The new joinees in the council will support the policy and regulatory affairs team. The position of Jeng will be the council’s chief global regulatory officer and general counsel. She has previously worked in a similar role at the Circle- and Coinbase-founded Centre Consortium.
On the other hand, Quick will join as the CCI’s head of government affairs for North America.
CCI Supporter
In the list of CCI supporters, the top crypto companies restes in the list. These are Coinbase, Gemini, Fidelity Digital Assets, Paradigm, Ribbit Capital, Andreessen Horowitz and Block.
The former head of blockchain and distributed ledger technology at the World Economic Forum, Sheila Warren, joined CCI as CEO in February. At that time, the CCI announced the former U.S. Senator Cory Gardner would take a position on the advocacy group’s leadership team.
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CCI’s Focal Point
The main focal point of CCI is to evade sanctions using cryptocurrencies. That would somehow support lawmakers. The European Union’s Markets in Crypto-Assets (MiCA) law, introduced concerning digital assets in the United States. As MiCA harmonise regulations for crypto among EU member states, and legislation
Whereas, the congress members have put forth different bills. These bills are on how to handle crypto-related products in the country and from stablecoins to determining where to draw the regulatory lines between the Securities and Exchange Commission and Commodity Futures Trading Commission.
In July 2021, CCI hosted a virtual event. That event was on the Bitcoin (BTC) adoption, that further named as “The ₿ Word.” It features the CEO of Tesla ‘Elon Musk,’ and Jack Dorsey.
Concluding to that, most of the crypto policy advocate groups in the United States. This includes Coin Centre, which oftenly points out laws and regulations that are related to digital assets.
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.
