Former White House advisor joins Ripple’s board

Matt Hamilton, Ripple’s Director of Developer Relations, decided to leave the company for personal reasons. However, Michael Warren was appointed as a board member. Warren served as an adviser to the White House during the Obama administration.

ex-White House adviser

As Ripple announced recently, Michael Warren will join the organization’s board of directors. He has over twenty years of experience in economic and geopolitical affairs.

Additionally, he is the Managing Director of the Albright Stonebridge Group, where he advises investors and companies on how to conduct business while complying with applicable regulations.

President Barack Obama appointed Warren to the White House Office of Presidential Personnel during his term, and he was a member of the White House Audit Committee during that time.

According to Ripple, Warren’s appointment will enable the company to increase its presence in international markets and establish positive relationships with global financial market regulators. Mr. Warren commented on the nomination:

I am excited to join Ripple at such an important moment in history, both for the company and for the entire cryptocurrency industry. I have long admired the perseverance of Ripple and its management team, which has used regulatory failures in the U.S. as an opportunity to pioneer cryptocurrency regulation for the benefit of industry innovation and establish a level playing field for all.

Ripple will solidify its position as a global leader in digital finance and global finance as it moves forward with cryptocurrency regulatory efforts.

Main developer leaves

Mathew Hamilton, a lead programmer at Ripple, revealed he needed to spend more time with his wife because of health problems. So, he resigned from his position. He thanked the company that helped him during this difficult time:

Ripple has been incredibly supportive of me throughout this time. However, despite all the support, it became clear that I was doing too many tasks at once. I’m going to step back to support my family and help my wife recover.

Read Also: Developers will receive one billion XRP tokens from Ripple

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.

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