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 mentioned its board of administrators had appointed Kim as CEO after serving as president and appearing CEO since January. He beforehand labored because the group’s chief authorized and coverage officer after three years at Gemini and fewer than a 12 months at Kraken.
“It is a pivotal second of evolution for our trade, one which requires critical, knowledgeable engagement,” mentioned Kim. “I stay up for persevering with to construct an establishment that serves as a bridge between expertise and public coverage, grounded in info, belief, and respect world wide.”
The CCI is considered one 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 only a month earlier than the Trump administration took workplace.
Associated: Crypto advocates name for post-Biden readability on digital asset laws
Regulation of digital belongings 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 cost stablecoins. President Donald Trump signed the stablecoin invoice, the GENIUS Act, into regulation on July 18.
The Senate is predicted 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 must move again via the Home for consideration.
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