The Currency Analytics
By Steven Anderson
Ripple (XRP) on How Fintech Businesses Are Hungry For Regulatory Clarity
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…
Ripple tweeted: “Learn why @CodeXCoasts former senior advisor to President Obama, thinks #DLT will help our arcane financial infrastructure.”
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.
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.
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,…
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.
Sydney Ifergan, the crypto expert tweeted: “Ripple (XRP) are right about reinstating on regulation every time.
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…
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.
She pointed to “We’ve got business school people, policy school people, engineering school people all engaged in different projects related to UBRI.
UBRI supports a lot of research which will accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments at leading…