CFTC commissioner appoints senior policy adviser experienced in digital asset regulation

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Keaghan Ames worked astatine Credit Suisse for much than 2 years arsenic vice president and caput of U.S. regulatory policy, which included advising executives connected integer assets regulation.

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CFTC commissioner appoints elder  argumentation  advisor  experienced successful  integer  plus  regulation

In a Friday announcement, Pham said Keaghan Ames volition beryllium her counsellor and elder argumentation advisor astatine the CFTC starting May 23. Ames worked astatine Credit Suisse for much than 2 years arsenic vice president and caput of U.S. regulatory policy, which included advising executives connected integer assets regulation. He volition beryllium joining the CFTC from the Institute of International Bankers, wherever helium has been the manager of authorities affairs since July 2021.

Sworn successful arsenic a commissioner successful April, Pham is 1 of 5 heads serving astatine the CFTC nether seat Rostin Behnam — each of whom were appointed by United States President Joe Biden. Pham is the latest commissioner to articulation the CFTC pursuing the confirmation of Christy Goldsmith Romero, Summer Mersinger and Kristin Johnson.

NEWS: CFTC Commissioner Pham Announces Additional Staff Appointments. https://t.co/iaRdxlhyjw

— CFTC (@CFTC) May 13, 2022

During Ames’ clip astatine Credit Suisse, the firm’s integer plus limb tested end-to-end money transactions utilizing blockchain technology, aboriginal piloting a colony system betwixt itself, Paxos and Instinet. In February, the institution was the victim of a monolithic information leak concerning its relationship holders, reportedly including sanctioned individuals and heads of state.

Related: CFTC commissioner appoints crypto-experienced CME Group manager arsenic main counsel

Together with the Federal Reserve, Securities and Exchange Commission, Department of the Treasury, and Financial Crimes Enforcement Network, the CFTC handles argumentation astir integer plus regularisation and enforcement successful the United States. Cointelegraph reported successful March that the authorities bureau was seeking a $365 cardinal budget for the adjacent fiscal twelvemonth based, successful part, connected the risks astir integer plus custodians.

Cointelegraph reached retired to Keaghan Ames, but did not person a effect astatine the clip of publication.

Caroline Pham, presently serving arsenic a commissioner astatine the United States Commodity Futures Trading Commission, oregon CFTC, has announced a erstwhile caput of U.S. regulatory argumentation astatine concern banking steadfast Credit Suisse Securities volition beryllium joining her staff.

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