Professional-crypto advocate Ammon Simon appointed chief counsel to Senate Banking Committee


Key Takeaways

  • Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and City Affairs.
  • Simon’s appointment is anticipated to affect crypto regulation, selling innovation with investor safety.

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Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and City Affairs, in line with his LinkedIn announcement.

Simon beforehand served as counsel to SEC Commissioner Hester M. Peirce, the place he targeted on regulatory insurance policies for crypto property and rising monetary applied sciences.

Throughout his tenure on the SEC, he labored to facilitate dialogue between the company and trade stakeholders on issues together with advisory consumer asset safety.

His prior roles embody serving as Chief of Employees and Senior Counsel to the Common Counsel on the Division of Housing and City Growth through the Trump Administration.

He additionally labored as Banking Counsel for Senator Ben Sasse, the place he supplied steering on monetary market laws.

Simon holds a J.D. from Columbia Legislation College and a B.A. in Political Science and Economics from Wheaton Faculty, the place he was an FPE Fellow finding out religion, politics, and economics.

The Senate Banking Committee is at the moment engaged on legislative initiatives to combine digital property into conventional monetary programs.

Simon’s appointment comes because the committee addresses regulatory frameworks for the crypto sector.

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