Former Ripple Chief Justice joins the launch of Crypto Payments


Former General Counsel of Ripple Brynly Llyr is taking on the same role for Celo (19659002). Llyr, who left Ripple last Friday, will take charge of "all aspects of the legal strategy in Celo," he announced on Monday. These include politics, regulation, partnerships and intellectual property. Llyr will also play a part in Celo's efforts to expand both in the United States and globally.

A company spokesman told CoinDesk that he will be specifically involved in day-to-day operations.

to simplify the adoption process for the use of cryptocurrencies as a payment method. In pursuing this goal, Celo intends to launch an app for the transfer of money and payments oriented towards developing markets in the near future.

In a statement, Llyr noted that "there are 1.7 billion people around the world who do not have access to formal financial services."

He added:

"Celo is at the forefront of harnessing the blockchain and cryptocurrencies to empower them … I'm honored to join the incredibly talented Celo team and I'm not looking forward to making any changes. positive for financial inclusion to those who need it most. "

Celo Rene Reinsberg's CEO welcomed Llyr in a statement, underlining that" he has extensive experience in virtual currency, fintech and blockchain . "

Miniatures image via Shutterstock

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