Ripple, the San Francisco-based fintech company that developed the XRP cryptocurrency, has hired Ron Hammond to serve as its manager for government relations. Announcing his new role, Hammond wrote yesterday on Twitter that he was “thrilled” to bring his legislative experience to the Ripple team.

In his previous role as a legislative assistant for US Congress Rep. Warren Davidson, Hammond was heavily involved with the crafting of the “Token Taxonomy Act”, a bill that seeks to exclude certain cryptocurrencies and digital assets from US federal securities laws. The bill was introduced last year by Reps. Davidson and Darren Soto and reintroduced this April.

As noted by industry website Coindesk, Hammond’s appointment was welcomed by Ripple’s global head of government relations Michelle Bond, who praised his “legislative and policy experience”.

“Ron brings a wealth of legislative and policy experience – excited to have him on board as we continue to work closely with lawmakers, regulators, and partners…

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Source: https://thebitcoinnews.com/ripple-appoints-new-manager-of-government-relations/