FinCEN Chief Digital Currency Adviser Korver Departs for A16z
Michele Korver, who spent less than nine months at FinCEN, will be head of regulatory at A16z.
Michele Korver, a government and law-enforcement veteran who was most recently the chief digital currency adviser at the U.S. Financial Crimes Enforcement Network (FinCEN), is joining Andreessen Horowitz (a16z) as its head of regulatory.
- Korver spent less than nine months at FinCEN, having joined in July 2021 after nearly four years as digital currency counsel for the U.S. Department of Justice. FinCEN is part of the U.S. Treasury Department.
- She announced the move on her Twitter account Tuesday, referring to her excitement "to work directly with Web 3 projects to help them thrive in a rapidly-developing regulatory environment."
- Venture capital firm a16z has invested extensively in crypto and blockchain, last year raising $2.2 billion for its third crypto venture fund.
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