Finance News
By Dan Saada
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Ripple Lobbying – Crypto Regulation Bills
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Ripple Lobbying – Cryptocurrency Bill 2020
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Reportedly, Ripple got found to spend money to influence blockchain and cryptocurrency regulation in the US.
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Ripple has spent $170,000 to lobby the Executive Office of President Donald Trump concerning blockchain and cryptocurrency.
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During October, Ripple announced that they are opening a dedicated office in Washington DC. Previously in July, Ripple occupied a whole page in the Wall Street Journal, asking…
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Then the Tweet read thus: “#Ripple CEO writes open letter to Congress over regulatory uncertainty.
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During 2019, Congress introduced several digital currency and blockchain policies. These bills are expected to be processed despite the forthcoming presidential elections.
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Accordingly to the Digital Currency Center, nearly 27 bills about encryption have been forwarded to the respective committees.
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Sydney Ifergan, the crypto expert, tweeted: "It takes relevant committees and relevant people with due expertise to get the cryptocurrency regulatory bills passed on time.
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Kristin Smith, Blockchain Association executive director, opined that new crypto-related legislation is relatively unlikely to be passed in 2020; however, she opined that if…
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Cryptocurrency bill 2020 was introduced as a draft in 2019; however, it is not yet submitted for voting.
The Currency Analytics
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