In an exciting development for the global fintech industry, Circle Internet Financial has appointed Heath Tarbert as its new Chief Legal Officer and Head of Corporate Affairs, effective July 1, 2023. Tarbert’s appointment is an important step for Circle. , which has been actively pursuing a global growth strategy.
Tarbert takes on the role of Flavia Naves, Circle’s outgoing general counsel, who had announced her plans to leave the company earlier this year. Naves is known for successfully overseeing the firm’s expansion and fundraising efforts, as well as establishing a world-class legal organization.
Prior to accepting the position at Circle, Tarbert held a senior position as Chief Legal Officer at Citadel Securities. His impressive career spans leadership roles in all three branches of the federal government and several key regulatory bodies. His experience includes serving as the 14th Chairman and CEO of the Commodity Futures Trading Commission (CFTC), Vice President of the International Organization of Securities Commissions and Under Secretary of the Treasury for International Markets.
The decision to bring Tarbert underscores Circle’s commitment to integrating traditional finance with Web3, the decentralized web powered by blockchain technology. Circle co-founder and CEO Jeremy Allaire hailed Tarbert’s appointment, emphasizing that his vast global legal and regulatory experience would be invaluable as the company seeks to enhance the utility value of its stablecoin, USDC, on a global scale.
For his part, Tarbert expressed his excitement at joining Circle and contributing to its mission to evolve the global financial system. He stressed the need for strong regulatory standards that provide clarity and protection for individuals and companies dealing with digital assets.
Circle Internet Financial is a global financial technology company that provides businesses with the ability to leverage digital currencies and public blockchains for various financial applications. It is well known as the issuer of USDC and Euro Coin, trusted and interoperable money protocols used on the Internet.