Reputed crypto leaders and experts demand the upcoming US administration implement clearer crypto regulation policies. They warn that if the US fails to create a supportive framework for the industry, other countries will seize that opportunity, pushing the US far behind. With the US election, in which Republican candidate Donald Trump will compete against Democratic candidate Kamala Harris, just a few days away, here is what leading voices in the cryptocurrency industry have to say!
Ripple CEO Anticipates Federal Regulation Changes for Crypto
It is almost certain that Trump, if elected, would overhaul the present SEC leadership. If rumors are to be believed, Harris is also considering the possibility of appointing a pro-crypto executive as the US SEC chair. This means that, whoever wins the presidential race, the US SEC is sure to get new leadership after the election.
Brad Garlinghouse, the CEO of Ripple, expressed hope that the next US government would foster a supportive environment for the cryptocurrency industry by establishing clearer laws on crypto and replacing the current SEC Chair, Gary Gensler – infamous for his anti-crypto stance.
Coinbase’s Paul Grewal: U.S Needs Regulatory Clarity or Risks Falling Behind
Paul Grewal, the Chief Legal Officer of Coinbase, emphasized why the US should not delay further in creating a crypto-friendly environment. Grewal warned that if the US administration does not create a clearer legal crypto framework soon, the industry may thrive in other regions leaving the US far behind. He noted that nearly 52 million Americans envision crypto as part of their future, so the next US regime has no choice but to address their concerns about cryptocurrency regulations.
In conclusion, clear and consistent crypto regulations are becoming a priority, with crypto leaders and experts urging the US to take decisive steps.
Stay tuned to Coinpedia for the latest discussions on the US regulation environment!
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed