The decentralized exchange Uniswap has hired some interesting positions, most recently a communications professional with close ties to the Democratic Party in the United States.
Former Barack Obama spokesman Hari Sevugan has joined the Uniswap Labs team. according to the protocol’s founder, Hayden Adams, who gave him the welcome on board October 14th.
The hiring can be part of the team’s efforts to prepare for the stormy regulatory climate in the United States.
This Washington expert was known for his role in former President Barack Obama’s 2008 campaign. Sevugan will be responsible for managing Uniswap’s media affairs and assisting the company with new and existing user relationships.
Sevugan said there was “no more doubt” that blockchain and cryptocurrencies will be part of the future. before Add:
“I’m excited to join the brilliant team at Uniswap because they are committed to ensuring that we build to harness the potential of cryptocurrencies to give more people ownership of their own financial futures and the value they create. “????
The setting is made at a time when Uniswap and the entire decentralized financial industry are increasingly being scrutinized by financial regulators and US politicians.
In early September, Cointelegraph reported that The Securities and Exchange Commission had launched an investigation into Uniswap Labs, the company behind the world’s most popular decentralized exchange. It was reported at the time that Law enforcement agencies sought more information about Uniswap’s marketing and investing services.
In June, the Uniswap community voted for a controversial DeFi education fund backed by tokens from the UNI Treasury. Assigned to advocacy and education initiatives to support the DeFi sector and protect it from over-regulation.
Sevugan’s role will likely involve him in working with lawmakers In an effort to increase awareness of the DeFi protocol and ecosystem.
“Cryptocurrencies are opaque and intimidating to many outsiders. I want to help more people connect with them so that they are easier to understand“he defined.