Blockchain company Ripple has appointed a former senior adviser to U.S. President Barack Obama to its board of directors.
In a statement, Michael Warren said he wants to move forward with Ripple on cryptocurrency regulation.
Warren currently serves as managing director of global consulting firm Albright Stonebridge Group.
He was also a director of the National Economic Council under the Clinton Administration.
CEO Brad Garlinghouse praised Warren’s track record in a statement, saying his experience would be an “invaluable resource” for the company.
Warren is expected to help Ripple expand its presence in global markets and drive adoption of the company’s products.