RippleHead of Policy Susan Friedman, the crypto industry in the US regulatory pressures Said he dragged it to Europe.
The crypto industry has been acting under regulatory pressures lately. Especially, USAwho are crazy regulators SECAnd CFTC The duo is not out of the question. The number of crypto organizations making moves against the increasing uncertainty has started to increase.
The opposing stance of the Ripple side continues. of RippleFriedman, one of its senior executives, stated that there is regulatory chaos in the US and therefore the crypto industry will shift to Europe.
Ripple Head of Policy Scores Regulators
The absence of clear rules or guidelines for the digital asset industry in the US has started to push the key players of the industry to Europe. Europe unionstarted to offer clarity on crypto by adopting MiCa regulations.
SECpending litigation Ripple One eye is also on Europe. Especially in case of possible loss of litigation, RippleIt seems certain that he will leave the United States.
RippleHead of Policy FriedmanHe said that the regulatory environment in the US has become almost paralyzed and dragged crypto players in the country to Europe.
According to Friedman, the shift of innovation to other countries is not an exaggeration. Friedmansays the industry will progress better where the rules are clear.
Moreover RippleAnother issue the manager mentioned. USAThere was employment in . FriedmanHe said that the withdrawal of crypto from the US will have a remarkable impact on business and investment.
