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HomeBitcoinCrypto Council for Innovation CEO Sheila Warren Resigns Ahead of Trump Presidency

Crypto Council for Innovation CEO Sheila Warren Resigns Ahead of Trump Presidency

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Originally published on: December 14, 2024

In a surprising move, Sheila Warren has announced her resignation as CEO of the Crypto Council for Innovation (CCI) just before the start of Donald Trump’s presidential term. Warren, who has been in the position for three years, shared the news in a heartfelt post on Dec. 13, expressing mixed emotions about her decision to step down.

The CCI, a prominent crypto advocacy group, has appointed Ji Kim, its chief legal officer, as the acting CEO in Warren’s absence. Despite stepping down from her CEO role, Warren will continue to be a part of the organization as the Senior Global Policy Officer, offering her support and expertise.

The CCI is known for its active involvement in advocating for fair cryptocurrency regulations on a global scale. Warren remains optimistic about the future of the industry, stating her confidence in the establishment of a robust regulatory framework for cryptocurrencies.

In her statement, Warren highlighted the importance of smart regulatory outcomes in Washington and emphasized the success the CCI has had in shaping regulations in various markets around the world. She remains committed to furthering the mission of the organization and contributing to its goals.

Warren’s resignation comes at a significant moment in the crypto industry, with executives anticipating a positive impact from the upcoming Trump administration. Marcin Kaźmierczak, co-founder and COO of RedStone, believes that Trump’s administration could lead to a substantial growth in decentralized finance (DeFi) and attract more innovation and investment in the space.

As the crypto landscape continues to evolve, Warren’s departure marks a new chapter for the CCI and sets the stage for future developments in the industry. Stay informed about the latest trends and insights in blockchain and crypto by subscribing to our Crypto Biz newsletter for weekly updates on key business news. Don’t miss out on valuable information to navigate the market effectively and seize financial opportunities.