FinCEN, the US banking agency, has appointed its first chief digital currency advisor.

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Michele Korver has been active in anti-money laundering efforts involving cryptocurrency since 2013.

The Financial Crimes Enforcement Network, or FinCEN, has hired Michele Korver, a former US Department of Justice official, to serve as the agency’s first senior digital currency adviser.

In her role, Korver will be tasked with advancing “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,” the agency announced Friday.

Korver may be recognisable to crypto investors, since she formerly worked as digital currency counsel for the Department of Justice’s criminal division. She also served on the Treasury Department’s Financial Stability Oversight Council and helped create regulations for bitcoin seizure and forfeiture.

Korver also worked as an assistant attorney in the United States Attorney’s Office for ten years, prosecuting cybercrime and national security violations. Korver has been active in crypto-focused Anti-Money Laundering activities with the Department of Homeland Security and commercial technology businesses since 2013, according to Cointelegraph.

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Michael Mosier, FinCEN’s acting director, commented on Korver’s vast experience in crafting digital currency legislation:

“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.”

FinCEN said Friday that it has recruited Jayna Desai, previously of US Customs and Border Protection, as the agency’s first head of strategic communications.

In its continuous campaign against money laundering, FinCEN has singled out the cryptocurrency sector. The agency declared in early July that monitoring of bitcoin transactions will be one of its top national objectives for Counter-Terrorist Financing and Anti-Money Laundering.

FinCEN has also targeted unhosted bitcoin wallets, claiming that they enhance AML and CTF concerns. The Financial Action Task Force, the global group in charge of establishing AML standards, echoed these worries.

The bitcoin industry is still a major focus for securities authorities. The Securities and Exchange Commission recently accused a cryptocurrency issuer with “making materially false and misleading statements” in connection with an unregistered initial coin offering during the 2017–2018 bull market, according to Cointelegraph.

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