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Kiln announces Claire Wells as new chief legal officer

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Claire Wells, chief legal officer | Klin

Kiln announced that Claire Wells has been appointed as the new chief legal officer, overseeing the company’s legal, compliance, and policy teams globally. Claire Wells joins Kiln from Coinbase, where she served as associate general counsel and policy lead.

Wells brings significant experience in legal and regulatory matters from her previous roles at Coinbase, Plaid, and Circle. Her expertise in navigating regulatory landscapes for fintech and digital assets is expected to contribute to Kiln's global growth strategy. According to a press release by Kiln, since joining the company, Wells has already provided insights that have influenced its strategic direction. Kiln has released a video presentation featuring Wells, outlining her approach and plans for the legal, compliance, and policy teams.

Kiln offers a range of products designed to facilitate and enhance staking and decentralized finance (DeFi) activities. These include customizable Ethereum (ETH) staking solutions, dedicated validators, and validator non-fungible tokens (NFTs) for increased liquidity. Users can access staking pools for various ETH amounts, liquid staking pools with custom tokens, and an on-chain explorer to monitor deployed contracts. Additional features include a software development kit (SDK) for staking and rewards, enterprise-grade Validators-as-a-Service, a comprehensive dashboard for tracking programs, a decentralized application (dApp) for easy ETH (re)staking, and open-source contributions.

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Kiln supports a variety of staking protocols including Aleo, Aptos, Atom, Avalanche, Babylon, Berachain, Botanix, Cardano, Core Chain, dYdX, Dymension, Ethereum, Celestia Cronos EigenLayer Evmos Injective Fantom Fetch Flare Harmony Flow Kava Kusama MultiversX Near Oasis Osmosis OKX Polkadot Polygon RSS3 Sei Solana Stacks Sui Tezos The Graph Threshold Ton Tron ZetaChain.

Kiln's mission is to simplify access to blockchain protocols enabling users to earn rewards by securing networks and participating in protocol consensuses with their cryptocurrencies. The company focuses on providing a seamless staking experience across multiple networks emphasizing technical excellence innovation trust transparency and prioritizing the well-being of both its team and clients.

Organizations Included in this History
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The UK cryptocurrency market continues to pose challenges for exchanges as they adapt to stricter regulatory requirements. Cryptocurrency exchange Bitget recently relaunched its UK platform after halting services in May 2024 to comply with the UK Financial Conduct Authority’s (FCA) Financial Promotions regime. This relaunch reflects Bitget’s efforts to align with the FCA’s evolving standards, aimed at enhancing consumer protection in the digital asset space.

Nov 24, 2024

The Italian government recently announced a plan to increase the capital gains tax on bitcoin and other cryptocurrencies from 26% to 42%. This proposal, part of broader fiscal measures to support election pledges and reduce Italy’s fiscal deficit, has raised concerns among cryptocurrency investors and industry leaders.

Nov 24, 2024

On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

Nov 22, 2024

The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

Nov 22, 2024

OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

Nov 20, 2024

On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

Nov 20, 2024