
Published
5 years ago on
October 01, 2018
âWe understand this is really complicated, and there is a lot of misinformation out there. The good news is there is a lot of interest in this topic in D.C. It gives them some upside and gives them some risk. Hopefully, it gives them a taste of the industry in a way that hits home.âWhat does this mean? By having an established lobbying group working alongside a number of established fintech companies, simply put, regulators within D.C. will have to listen to any arguments proposed. All things considered, this coalition have an awful lot of power and now have direct access to the decision makers that will have an impact on the future of cryptocurrency across America. With Ripple seemingly leading the charge, an image for a positive future within crypto is sure to be presented in the coalitions arguments. Instead of baffling the regulators with science, we expect that any arguments presented will be about the real use cases for cryptocurrency and blockchain technology and thus, will outline an exciting prospect for a crypto-savvy future, one that the United States can be a part of should they decide regulate cryptocurrency in a positive way. Furthermore, payments in XRP can only mean one things - a new flow for XRP and some potential new investment, this can only be a good thing. Â References AMBCrypto