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Former CFTC Chairman Heath Tarbert Joins Circle as Chief Legal Officer

Heath Tarbert, a former CFTC chairman, will join stablecoin issuer Circle as chief legal officer and head of corporate affairs, effective July 1. Tarbert, a veteran legal advisor with experience leading teams in all three branches of the federal government and across major regulatory agencies, will guide Circle’s global expansion. The appointment comes as a House committee weighs a stablecoin bill that would appoint the Federal Reserve as crypto issuers’ primary regulator, and increase oversight of token issuances. At the same time, federal regulators have executed enforcement actions against key crypto industry players such as Coinbase.

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