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Sheila Warren, CEO of the crypto advocacy group Crypto Council for Innovation, announced her decision to step down just a month before the Trump administration takes office.
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Sheila Warren has stepped down from her role as CEO of the Crypto Council for Innovation (CCI) just a month before Donald Trump’s United States presidential term begins.
“I am filled with mixed emotions as I share that I will be stepping down as the inaugural CEO of @crypto_council in January,” Warren said in a Dec. 13 X post.
The crypto advocacy group’s chief legal officer, Ji Kim, will transition into an acting CEO role, while Warren — who has held the role for three years — said she will remain involved as Senior Global Policy Officer to “provide support.”
Warren “confident” of a positive regulatory outcome
The CCI advocates for fair cryptocurrency regulations worldwide, actively comments on proposed crypto regulations, and meets with government officials.
Warren said she is optimistic that a strong crypto regulatory framework will be established for the industry.
“I am confident that CCI will achieve a smart regulatory outcome in Washington, just as we have successfully done in nearly every other market where we operate,” Warren said.
Source: Brian Quintenz
On July 10, Warren sat on a roundtable with members of US Congress, an adviser to President Joe Biden, as well as crypto executives, calling the discussion a “productive step forward” in approaching crypto as a nonpartisan issue.
“When I took on the role as CCI’s first CEO three years ago, it was a different era — before the FTX debacle and just as Gary Gensler’s attacks on the industry were beginning to unfold,” she said.
The crypto industry is now in a “different era”
It comes amid growing confidence among crypto executives who believe Trump’s administration will bolster global crypto adoption.
Marcin Kaźmierczak, co-founder and chief operations officer at RedStone, recently told Cointelegraph that Trump’s administration “could drastically propel” the expansion of decentralized finance (DeFi):
“Such an administration could champion policies that push DeFi from niche to mainstream, catalyzing an influx of innovation and investment,” Kaźmierczak said.
Related: Over 86% of Web3 professionals are confident in the future of crypto — Consensys
Meanwhile, the US Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his hardline stance on crypto regulation, will depart from the agency on Jan. 20, 2025.
On Dec. 4, Trump nominated pro-crypto Paul Atkins to replace Gary Gensler as the new chief of the SEC.
Shortly after, Trump said in a Truth Social post, “A former SEC Commissioner from 2002-2008, Paul strongly advocated for transparency and protecting investors.”
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This article first appeared at Cointelegraph.com News
