RATE Group | Ripple Executives urge US Congressmen to clarify cryptocurrency regulations, price shows…
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Ripple Executives urge US Congressmen to clarify cryptocurrency regulations, price shows…

31 Jul Ripple Executives urge US Congressmen to clarify cryptocurrency regulations, price shows…

Posted at 08:05h in Cryptocurrency News by

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  • According to Ripple, America has the chance to lead a new technological revolution, as it did with the Internet.
  • The lack of regulatory clarification will push out all the potential innovations, tax revenue and jobs from the US.

Ripple CEO, Brad Garlinghouse, and Executive Chairman and Co-founder of Ripple, Chris Larsen, have urged US Congressmen to clarify cryptocurrency regulatory ambiguity in the United States. In a full-page ad in the Wall Street Journal, the Ripple executives said:

“Dear Congress, Please do not paint us with a broad brush.

Many in the blockchain and digital currency industry are responsible actors. We are responsible to US and international law. We are responsible to serving the greater good.

We don’t take for granted the vital role of central banks in issuing currencies and settling monetary policy in concert with the complex dynamics of economies around the world. For centuries, governments have been well suited for the job…

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