FinCEN Hires DOJ Crypto Czar as First ‘Chief Digital Currency Advisor’
The U.S. Financial Crimes Enforcement Network (FinCEN) said Tuesday it’s adding a “Chief Digital Currency Advisor” to its ranks.
Michele Korver, who joined the U.S. Department of Justice as its first “Digital Currency Counsel” in late 2017, will consult with FinCEN Acting Director Michael Mosier on cryptocurrency’s role in financial crime.
The hire offers another sign that FinCEN is re-upping its crypto focus.
“Ms. Korver will advance FinCEN’s leadership role in the digital currency space by working across internal and external partners toward strategic and innovative solutions to prevent and mitigate illicit financial practices and exploitation,” FinCEN said in a press statement.