The new Trump administration in the US is shifting the regulatory direction of the cryptocurrency industry, according to Ripple's Chief Legal Officer, Stuart Alderoty. He believes that the previous administration had waged a negative war on the crypto industry, pushing innovation overseas. However, since Trump took office, the new administration has been actively working to remove regulatory hurdles and make the US a global leader in crypto. Ripple has already seen the effects of this policy change, with 75% of recent hires occurring in the US. Alderoty outlined three key areas where crypto regulation is evolving, and Ripple is actively engaging with policymakers to ensure the passage of a comprehensive market structure bill. Despite the volatility in crypto prices, Ripple remains committed to building enterprise-grade blockchain solutions.



Other News from Today