
Ripple Advocate Deaton Stresses Importance of Regulatory Clarity for Ripple in US
In a recent interview, Ripple advocate and expert Brad Deaton emphasized the importance of regulatory clarity for the company’s operations in the United States. The crypto enthusiast noted that it has been more than two years since Ripple has been waiting to obtain necessary permits.
Deaton expressed his hope that the newly elected administration will take swift action to address this issue, stating that “we have not seen the same kind of movement” in terms of regulatory progress over the past couple of years. He emphasized that the lack of clarity is hindering innovation and growth within the industry as a whole.
The Ripple advocate also hinted at the potential for ripple effects beyond the crypto space, should the administration take action to provide greater regulatory transparency and clarity. “Hopefully, we see a Ripple effect (pun intended) throughout industries, caused by the excitement of a new administration,” Deaton said.
It remains to be seen whether this hope will become a reality in the near future.
Source: u.today