Circle anställer tidigare CFTC-chef som Chief Legal Officer
- Circle tror att tillägget av Tarbert till dess juridiska team kommer att öka värdet på USDC stablecoin.
- Tarbert har tjänstgjort i olika statliga organisationer, inklusive Commodity Futures Trading Commission (CFTC) och US Treasury.
- Tarbert will replace Flavia Naves, Circle’s general counsel, who has already expressed her intention to leave the company.
Heath Tarbert, tidigare ordförande för Commodity Futures Trading Commission (CFTC), har utsetts till chefsjurist och chef för företagsfrågor för stablecoin-utgivaren Circle. Tarbert, en advokat med bakgrund inom alla nivåer av regeringen, kommer att återuppta rollen den 1 juli.
Förutom att tjänstgöra i CFTC har Tarbert arbetat i organisationer som International Organization of Securities Commissions, US Treasury, Financial Stability Board och World Bank Group. Dessutom arbetade han som specialjurist för Banking, Housing, and Urban Affairs Committee i den amerikanska senaten.
Tarbert no doubt joins Circle with a wealth of experience. His addition comes at a time when the stablecoin issuer faces increased scrutiny from US regulators. Tarbert will succeed Flavia Naves, Circle’s general counsel, who earlier this year is said to have expressed her intention to leave the organization.
Circle CEO Jeremy Allaire described Tarbert’s arrival as an “extraordinary step in Circle’s growth as a global company.”
Allaire sa i en påstående,
As we continue building a bridge between traditional finance and Web3, Heath’s perspective, legal acumen, and global regulatory experience will help us advance the utility value of USDC worldwide.
Som reaktion på sin utnämning sa Tarbert,
I’ve long been intrigued by both Jeremy Allaire’s vision of moving money safely at internet speed and Circle’s tangible accomplishments as a respected, trusted global leader in payments with a regulatory-first approach. I’m thrilled by the opportunity to help Circle’s efforts to evolve the global financial system and encourage policymakers to establish sound rules for digital assets that provide clarity, coherence and protection for people and businesses.
Tarbert’s experience with different government organizations will come in handy as Circle hopes to survive the ongoing attacks on crypto companies. Interestingly, Allaire believes the ökad granskning of crypto firms by US authorities is mainly responsible for the decline of the market capitalization of the USDC stablecoin, which is Circle’s core product.