Ripple (XRP) unveils new hire from UK government: “key to our growth in Europe”
Ripple have today announced that Dan Morgan will become its head of European regulatory relations. Morgan is notably well-connected at the highest levels of British finance and prior to being hired by Ripple was working for the UK government’s Department of International Trade.
According to Ryan Zagone, Ripple’s Director of Regulatory Relations, Morgan brings “deep expertise in fintech and digital assets” and will be “key to our growth in Europe.”
Thrilled to share that @danmorgan1 has joined Ripple from the UK Dept. for International Trade to lead our European regulatory relations. He’ll be key to our growth in Europe and brings deep expertise in fintech and digital assets.
— Ryan Zagone (@RyanZagone) 16 July 2018
Described as an “experienced Fintech Regulatory consultant,” Morgan previously served as a director of policy and regulation at Innovate Finance, the industry body for the UK fintech sector. He was also responsible for the launch of the Transatlantic Policy Working Group in Washington D.C., a gathering of fintech companies, academics and regulators hoping to improve dialogue around policy and regulation of the space.
His links in the City of London are particularly impressive and he was named one of the UK’s top “Influencers in the Risk, Compliance and RegTech” in 2017. Morgan has quickly established himself as one of the go-to people for a UK government investigating fintech’s potential. He is a member of the Bank of England’s FinTech community and most recently the Fintech Sector Specialist for the UK’s Department for International Trade.
Morgan’s arrival has excited a Ripple community baffled by the low price of XRP. One Reddit commenter said that Morgan knows “Ripple’s capabilities through the bank of England” and would be unlikely to “join a ‘sinking’ ship.”
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