ADAM Selects Eventus Director of Regulatory Affairs, Digital Assets as Chair for New National Security Working Group

  • Asset Management
  • 03.05.2022 02:35 pm

Former CIA officer Mike Castiglione leads group to bridge public/private sectors on critical blockchain national security issues

The Association for Digital Asset Markets (ADAM) and Eventus today announced that ADAM has just appointed Eventus Director of Regulatory Affairs, Digital Assets and former Central Intelligence Agency (CIA) officer Mike Castiglione as Chair of its new National Security Working Group. ADAM created the working group to serve as a bridge between the public and private sectors by acting as a go-to resource for the executive and legislative branches to interface with industry experts on blockchain national security issues.

The ADAM Board of Directors approved Castiglione’s selection based on his broad national security experience and Eventus’ industry-leading technology in trade surveillance, risk monitoring and transaction monitoring for digital assets.

ADAM CEO Michelle Bond said: “We are very excited to have Mike as the Chair of our National Security Working Group. ADAM has a very deep bench, and we know Mike will add to this, leveraging his experience to guide the working group. He will enable us to continue public-private information sharing to the utmost degree, and we’re looking forward to working with him.”

Joseph Schifano, Eventus Global Head of Regulatory Affairs, said: “Mike has delivered clear, objective insights on national security challenges during a 15-year career in the U.S. federal government. Eventus is proud to play a role in this working group – which will be a key resource to government and the industry alike – and to collaborate with other experts throughout ADAM’s membership to ensure digital asset markets are safe and trusted.”

ADAM’s National Security Working Group aims to leverage private sector knowledge and expertise to empower policymakers and regulators with insights on anti-money laundering (AML) capabilities and to ensure blockchain technology promotes global growth, open markets, and stability.

Public-private partnerships are a cornerstone of sound regulation that encourages rapid adoption of emerging technologies. ADAM members are positioned to learn from each other and to build the next suite of products that advances digital assets,” Castiglione said.

The ADAM National Security Working Group builds on previous ADAM efforts in the national security space, including its recent comments to FinCEN on Bank Secrecy Act modernization and its testimony to the House Financial Services Subcommittee on National Security, International Development and Monetary Policy.

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