SAN SALVADOR - Valereum Plc (AQSE: VLRM), a financial services company, has announced Carmen Elena Ochoa as the new Head of El Salvador for VLRM Markets, S.A. de C.V. Ochoa, a seasoned lawyer with over ten years of experience in the financial and digital assets sectors, will lead the company’s expansion and strategic initiatives in the Central American nation.
Ochoa's career includes significant roles with El Salvador’s financial regulator, the Superintendencia del Sistema Financiero (SSF), and the Comisión Nacional de Activos Digitales (CNAD), which oversees the country's digital assets market. Her expertise in navigating the regulatory landscape is expected to be instrumental in VLRM Markets' development in the region.
In her new role, Ochoa will focus on fostering innovation, ensuring regulatory compliance, and expanding VLRM Markets' presence in El Salvador's financial ecosystem. Her appointment is part of Valereum's broader mission to integrate traditional finance with the growing field of digital assets.
Adrian Hogg, Head of VLRM Markets, expressed enthusiasm for Ochoa's appointment, citing her deep knowledge and experience as key assets for the company's regional business development efforts. Hogg also indicated that Valereum is preparing to launch its first real-world asset (RWA) products soon, suggesting further expansion and product innovation under Ochoa's leadership.
The move comes as El Salvador continues to gain attention for its adoption of blockchain technology and digital asset regulation, positioning itself as a leader in the space within Central America.
This announcement is based on a press release statement from Valereum Plc. Further updates on the company's progress and initiatives in El Salvador are expected in the near future.
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