FinCEN Appoints Michele Korver as Chief Digital Currency Advisor

Korver previously served as the Digital Currency Counsel at the US Department of Justice.

FinCEN, the Financial Crimes Enforcement Network, announced yesterday that it has appointed Michele Korver, former Digital Currency Counsel at the Criminal Division of the US Department of Justice, as its first-ever Chief Digital Currency Advisor.

According to the latest announcement, Korver will collaborate with internal and external partners to develop innovative solutions for the prevention of illegal activities in the digital currency ecosystem. In addition, the authority is planning to take advantage of Korver’s extensive experience to expand its leadership role in the crypto space.

Commenting on the recent appointment, Michael Mosier, Acting Director at FinCEN, said: “Michele brings a wealth of digital currency expertise, and will be a tremendous leader in coordinated efforts to maximize FinCEN’s contribution to the innovative potential for financial expansion of opportunity while minimizing illicit finance risk.”