Ripple Official Compares European and US Regulators - Coinleaks
Current Date:September 21, 2024

Ripple Official Compares European and US Regulators

Ripple ( XRP) policy advisor Susan FriedmanHe noted that the regulatory environment in the US is fragmenting and European regulators are moving forward more actively.

The heavy work of regulators on the crypto industry draws attention. With the bankruptcy of FTX, rapid studies began to be carried out in order to establish global regulatory clarity.

While the US struggled with a haphazard regulatory environment and legal challenges, Europe focused on a comprehensive regulatory framework that could make it a hub for digital asset firms. Rippleofficials Susan Friedmansuggested that Europe has overtaken the US when it comes to crypto regulations.

Ripple Official: Regulatory Environment in the US is Fragmented

Ripple ( XRP) policy advisor Susan Friedman, in the USA regulatory environmentAnd regulatory clarity.implied it was getting complicated.

On the other hand Friedmanstated that Europe is focusing on complete and all-encompassing regulations for the cryptocurrency sector, in which case European regulations will come to the fore more.

on the US side SECAnd of the CFTCOn the European side, while the traditionalist pressures MiCawork continues at full speed. MiCaaims to protect investors by taking firm stances on stablecoins in particular.

speaking on the topic Friedman, keeps European regulators one step ahead in comparisons between European and US regulators.