ADAM hires former U.S. financial officers to develop regulatory framework for digital products

According to Block, the Digital Asset Markets Association (ADAM) has hired former U.S. Treasury official Robert Baldwin as its executive director. During his tenure with financial institutions, Baldwin was involved in the crypto wallet strategy of the Financial Crimes Initiative (FinCEN) and also participated in the Presidential Stable Coins Working Group. Michelle Bond, CEO of ADAM, said: “By working with our members, we believe we can develop best practices that will benefit the product market. equitable and productive.