Michael Mosier has returned to the Financial Crimes Enforcement Network (FinCEN) after a stint as chief technical counsel for blockchain analytics firm Chainalysis.
Mosier had previously worked at FinCEN as the agency’s chief of strategic advancement before joining Chainalysis in June 2019. Besides FinCEN, he also held government positions at the Treasury’s Office of Foreign Assets Control, the Department of Justice’s Money Laundering & Asset Recovery Section, and the White House National Security Council.
Having now gone back to FinCEN, he will work on the “vision, design, and development of Treasury’s agency-wide data and information management strategies,” according to the official announcement from Feb. 21. His official titles are deputy director and digital innovation officer.
“I am thrilled to have Michael assume this central role on our leadership team,” said FinCEN Director Kenneth Blanco. “He brings a range of public and private sector experience that will help FinCEN proactively engage with industry and government partners to confront emerging threats and to capitalize on diverse opportunities in the financial and national security spaces.”
As The Block previously reported, FinCEN is among a range of U.S. government agencies looking to beef up their crypto-related efforts in the coming year. FinCEN is seeking hundreds of thousands of dollars in additional funding in part to support an increase in the number of analyses related to cryptocurrencies it can conduct.
U.S. Treasury Secretary Steve Mnuchin told Congress earlier this month that FinCEN is preparing to release new rules related to cryptocurrencies. However, it’s unclear at this time what form that release will take.