Backpack US Bolsters Regulatory Profile with Piwowar Appointment

Backpack US has made a strategic move to strengthen its presence in the increasingly regulated US crypto market. The company has appointed Michael S. Piwowar, a former SEC commissioner and acting chairman, to its board of directors.

Piwowar's appointment brings regulatory expertise to Backpack US at a critical time for the market. As digital asset firms position themselves around clearer rules for crypto trading, tokenized equities, and derivatives, Backpack US is positioning itself as a compliant-first player in the space.