Ripple (XRP) has enlisted the help of Rosa Gumataotao Rios not only to expand operationally, but also in the fight against the SEC lawsuit. SEC stands for Securities and Exchange Commission and is the financial regulator of the United States.
Rios previously served as the United States’ treasurer under then President Obama. She is known as an advocate for social change and women’s rights. Rios’s appointment is an attempt by Ripple to restore peace between the public and private sectors.
Ripple is striving for greater regulatory clarity and has also hired Kristina Campbell in addition to Rosa Rios. Campbell is a former CFO of fintech companies such as Green Dot and PayNearMe. Fintech companies combine financial services with innovative technology.
“I have dedicated my career to financial inclusion and empowerment, which requires me to bring new and innovative solutions to rigid processes.” Said Rios at her appointment. Ripple, she says, is a perfect example of how cryptocurrency can be used legitimately to enable global payments.
Ripple’s CEO, Brad Garlinghouse, said the two women have joined the company at a critical time and he is pleased to have them on board. Together they will continue international expansion and will fight for clear regulations.
Rosie’s experience in the public and private sectors provides Ripple with an invaluable perspective, especially at a time when the industry is defining the future of crypto. Also, adding Kristina’s extensive knowledge and success in building teams and processes at high-growth companies was a no-brainer. ”