Odaily Planet News: After operating for a period in Singapore, the Algorand Foundation has announced its return to the United States, with its headquarters to be based in Delaware. Staci Warden, CEO of the Algorand Foundation, also stated that new board members have been appointed, including Bill Barhydt, founder and CEO of Abra, as board chair, as well as Alex Holmes, former CEO of MoneyGram, and Michael Mosier, former acting director of the U.S. Financial Crimes Enforcement Network (FinCEN). (CoinDesk)
Algorand Foundation Returns to the U.S., Establishes Headquarters in Delaware and Appoints New Board Members
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Summary
The Algorand Foundation has returned to the United States, establishing its headquarters in Delaware and appointing new board members. Bill Barhydt from Abra will serve as board chair, alongside Alex Holmes, former CEO of MoneyGram, and Michael Mosier, former acting director of FinCEN. This move aligns with efforts in CFT (Countering the Financing of Terrorism) and strengthens its position in liquidity and cryptocurrency markets.
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