Ripple Labs Member Elected to Federal Reserve Team

Ripple Labs FundingRipple Labs FundingRyan Zagone, whose title is Head of Research for the Business Development Team at Ripple Labs, was recently elected to work to work on a team within the Federal Reserve.

The team is called the “Faster Payments Task Force Steering Committee,” and Zagone’s election is part of an ongoing effort on the part of the Fed to integrate members of private industry in its modernization efforts. Over 300 private companies have decided to take part in the FPTF, and of that wide group, a steering committee of sixteen people were selected. This is where Zagone comes in, representing Ripple Labs.

As part of the Task Force Steering Committee, Ripple Labs is humbled to have been elected by our peers to be a voice of the technology and non-bank service provider sector.

“Non-bank service provider” might be a term of contention in the wider cryptocurrency community, many of whom have

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