Today news
About the same in other media
24.11 - 03:03
Here’s Ripple’s plan for U.S regulators to stop a crypto ‘brain drain’
Reading now: 286
While making the most of flexible regulations abroad, Ripple has been urging American regulators for more clarity regarding the crypto-sector at home.
Now, the San Francisco-based blockchain company has taken the next step and introduced its own proposal for crypto-regulations.
Ripple stressed on public-private collaboration in future crypto-legislation. In particular, Ripple cited three pieces of legislation – The pending Eliminate Barriers to Innovation Act, the proposed Securities Clarity Act (SCA), and the proposed Digital Commodity Exchange Act (DCEA).
The company claimed these would protect investors, while also making it clear where the SEC and the CFTC could exercise their authority.
What happens if this framework is ignored? Ripple’s
Read more on ambcrypto.comAbout this in other media
Bitcoin: This federal action might contribute to Plan B’s model failing ambcrypto.com /3 years ago
US regulators promise crypto oversight clarity finextra.com /3 years ago
Jerome Powell reappointed for second term as chair of US Federal Reserve theguardian.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
