Exclusive-Former top U.S. consumer regulator joins crypto risk monitoring firm

FILE PHOTO: Kathy Kraninger speaks to an audience on her first set of regulatory priorities as director of the Consumer Financial Protection Bureau in Washington, U.S., April 17, 2019. REUTERS/Katanga Johnson/File Photo

WASHINGTON (Reuters) - Cryptocurrency startup Solidus Labs has hired the former director of the U.S. Consumer Financial Protection Bureau (CFPB) as its top regulatory official, she told Reuters.

Kathy Kraninger is the latest former Trump administration official to land in the booming digital currency industry as it beefs up on legal expertise and Washington connections amid increasing regulatory scrutiny.