Finance News

Story: Ripple (XRP) on How Fintech Businesses Are Hungry For Regulatory Clarity

By Steven Anderson

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Ripple (XRP) on How Fintech Businesses Are Hungry For Regulatory Clarity

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Ripple insights covered for how Distributed Ledger Technology (DLT) is going to have an incredible impact on financial services to be the major reason for greater financial…

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Ripple tweeted:  “Learn why @CodeXCoasts former senior advisor to President Obama, thinks #DLT will help our arcane financial infrastructure.”

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Ripple Insights points to Adrienne Harris, who used to be an Assistant to President Obama during his administration as a Senior Advisor in the U.S. Department of the Treasury.

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Adrienne points to how she is able to see the US government sending checks through mail to stimulate the economy during the COVID-19 crisis.

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Considering the delay involved in the process of sending stimulation checks in mail, Adrienne states, “It highlights how arcane our financial infrastructure is,” further stating,…

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Ripple reports that regulators being very slow is one of the major problems for DLT.  Further opined that there is a requirement for transparent regulation.

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Sydney Ifergan, the crypto expert tweeted:  “Ripple (XRP) are right about reinstating on regulation every time.

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She expressed that Fintech businesses are hungry for regulatory clarity.  She clarified that businesses are not interested in overly burdensome regulation, but that they are…

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Adrienne opines that there should be lot of engagement from policymakers, finance incumbents, startups, and innovators to get this going forward beyond the geographic divides.

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She pointed to “We’ve got business school people, policy school people, engineering school people all engaged in different projects related to UBRI.

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UBRI supports a lot of research which will accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments at leading…

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