Crypto Council Appoints Ex-Gemini, Kraken Exec as CEO
The Crypto Council for Innovation (CCI) has officially appointed Ji Hun Kim as its Chief Executive Officer. Kim, a lawyer with previous experience at cryptocurrency exchanges Gemini and Kraken, had been serving as interim CEO before the permanent appointment.
Ji Hun Kim's Background and Vision
According to a statement released by the CCI, Kim's appointment follows his tenure as president and acting CEO, which began in January. Prior to that, he held the position of chief legal and policy officer. His experience also includes three years at Gemini and a shorter stint at Kraken.
Kim stated, "This is a pivotal moment of evolution for our industry, one that requires serious, informed engagement. I look forward to continuing to build an institution that serves as a bridge between technology and public policy, grounded in facts, trust, and respect around the world."
CCI's Role in Crypto Advocacy
The CCI is among various crypto advocacy groups that engage with lawmakers and regulators on digital asset policy. Kim succeeds Sheila Warren, who served as CEO for three years before her departure.
Current Regulatory Landscape
The U.S. House of Representatives recently passed three crypto-related bills addressing central bank digital currencies (CBDCs), market structure, and payment stablecoins. One of these, the GENIUS Act, which focuses on stablecoins, was signed into law on July 18.
The Senate is expected to consider the remaining bills concerning CBDCs and digital asset market structure after its August recess. The Senate Banking Committee has set a September deadline for the market structure bill, although further review by the House may be necessary.
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