Ji Hun Kim, a lawyer who beforehand labored at cryptocurrency exchanges Gemini and Kraken, has been appointed everlasting CEO of the Crypto Council for Innovation (CCI), after serving within the function in an interim capability.
In a Thursday discover, the CCI said its board of administrators had appointed Kim as CEO after serving as president and performing CEO since January. He beforehand labored because the group’s chief authorized and coverage officer after three years at Gemini and fewer than a yr at Kraken.
“This can be a pivotal second of evolution for our business, one which requires critical, knowledgeable engagement,” mentioned Kim. “I stay up for persevering with to construct an establishment that serves as a bridge between know-how and public coverage, grounded in info, belief, and respect world wide.”
The CCI is one in every of many crypto advocacy organizations that periodically write to US lawmakers and regulators on digital asset coverage. Earlier than Kim, Sheila Warren headed the council as CEO for 3 years, departing just a month earlier than the Trump administration took workplace.
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Regulation of digital property is entrance and heart in US coverage
Final week, the US Home of Representatives handed three crypto-related items of laws to deal with central financial institution digital currencies (CBDCs), market construction, and fee stablecoins. President Donald Trump signed the stablecoin bill, the GENIUS Act, into regulation on July 18.
The Senate is anticipated to deal with the opposite two payments on CBDCs and digital asset market construction after the chamber will get again from its August recess. Management within the Senate Banking Committee set a September deadline for the market construction invoice, although the laws could have to cross again via the Home for consideration.
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