Cryptocurrency Lobby Appoints World Economic Forum Executive as Chief

The Crypto Council for Innovation (CCI), an American lobby group backed by the companies Coinbase and Block, announced that it has appointed as CEO an executive from the World Economic Forum (WEF, for its acronym in English) specialized in “blockchain”.

Sheila Warren, who led the development and management of the Center for the Fourth Industrial Revolution at WEF, where she was chief data officer, “blockchain” and digital assets, will now be in charge of leading this “lobby” whose goal is to show the potential of the world “cripto” to legislators, regulators and society.

The ICC is thelobby” most recent in the United States of companies related to cryptocurrencies and seeks to make itself heard in Washington in the face of the possibility that the Government will soon regulate this high-growth sector that is affected by problems such as speculation, money laundering and scams.

The pressure group was founded in April 2021 by Coinbase, Twitter founder Jack Dorsey’s Block, Fidelity Digital Assets and Paradigm, and counts venture capital firms Ribbit Capital and Andreessen Horowitz among its members, in addition to the support from heavyweights in the technology sector.

According to its website, the CCI recently hosted Tesla founder Elon Musk and ARK innovation index fund manager Cathie Woods at a virtual bitcoin event, and has published a study on bitcoin and illegal finance signed by a former CIA Director Michael Morell.

In a statement, Fres Ehrsam, lobbyist co-founder and managing partner Paradigm, said Warren is the “ideal ambassador to bring the crypto and political worlds closer together” because of her deep understanding of the subject and her experience dealing with governments.

The executive, for her part, stressed that the mission of the CCI is to realize the “transformative potential” of cryptocurrencies through education and the defense of a “progressive global policy” that ensures that its “benefits” are accessible to all. , “regardless of their current economic privilege.”