The U.S. Financial Crimes Enforcement Network (FinCEN) said it adds a “Chief Digital Currency Advisor”. FinCEN has hired Michele Korver, who served in the United States Department of Justice. She will now serve as FinCEN’s first-ever Chief Digital Currency Advisor.
FinCEN explains the misuse of cryptocurrencies. The bureau announced it hired its First-Ever Chief Digital currency Advisor.
Ms. Korver will advance “FinCEN’s leadership role in the digital currency space by working across internal and external partners toward strategic and innovative solutions to prevent and mitigate illicit financial practices and exploitation,” the announcement said.
Michael Mosier, FinCEN Acting Director said, “Michele brings a wealth of digital currency expertise, and will be a tremendous leader in coordinated efforts to maximize FinCEN’s contribution to the innovative potential for financial expansion of opportunity while minimizing illicit finance risk.”
Ms.Korver previously served as Digital Currency Counsel for the U.S. Department of Justice’s Criminal Division. She was also an advisor to the U.S Department of the Treasury’s Financial Stability Oversight Council and developed cryptocurrency seizure and forfeiture. Korver spent more than ten years as Assistant United States Attorney in the United States Attorney’s office.
Moreover, FinCEN has hired Janya Desai, former Senior Policy Advisor of U.S. customers and Border Protection (CBP). In FinCEN, she will serve as the agency’s first Director of the Office of Strategic Communications.
Also Read: Allied Payment Network Now Provides Bitcoin Services
As far as hiring Korver and a new FinCEN director of strategic communications, Mosier remarked: “These are incredible people for an incredible moment for FinCEN and the financial integrity space writ large.”
