Ripple policy leader shares regulatory discrepancies as loss for US crypto market
to a tweet from the GOP House Financial Services, which believes the regulation-by-enforcement tactic is reducing American competitiveness and pushing firms overseas, Friedman said the claims are not overstated.
According to her, many crypto industry players are already migrating to places like Europe, where the rules of the road are clear thanks to the regulation. The MiCA has scaled through all the necessary approvals by the European Union tripartite body, including Parliament and the commission. Regulatory impasse in the United States has frequently been called out by industry leaders who want a different rule book for the dynamic crypto ecosystem. U.S. Securities and Exchange Commission Chairman Gary Gensler has said time and again that the current securities laws are sufficient for the crypto industry and that there is no need to update them.
Summarizing her views on the state of crypto regulation and its impact, Friedman said the"US regulatory paralysis has real, measurable impact in terms of jobs and investment lost." Fears regarding innovation moving overseas are not overstated - crypto industry players are already migrating to places like Europe where the rules of the road are clear thanks to MiCA. US regulatory paralysis has real, measurable impact in terms of jobs and investment lost.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
‘Real Housewives of Miami’ star Guerdy Abraira reveals breast cancer diagnosis“This process is definitely intense and what I ask of you is empowerment not pity,” she wrote on Instagram.
Lire la suite »
5 Concerts to Catch in Cleveland This Week5 concerts to catch this week in Cleveland
Lire la suite »
Neighbors, police say Broad Ripple has contrasting sides following three shootingsBROAD RIPPLE A growing concern over violence in Broad Ripple. Particularly gunfire under the cover of darkness in the Village. The frustration is coming from residents, business ow...
Lire la suite »
Ripple CTO Issues Enigmatic Tweet About Jed McCalebDavid Schwarts shares a tweet about Ripple cofounder Jed McCaleb but that was sort of not about Jed – “who knows”
Lire la suite »
Ex-Ripple Director Urges El Salvador to Switch to XRPXRP better than Bitcoin for El Salvador NayibBukele? Former Ripple director HammerToe thinks so xrp xrpsec xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple bitcoin btc $xrp
Lire la suite »