Ripple Exec: Blockchain, Crypto Will Have a Role in US Tech Independence

528 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kZjI4YzFiYTBkYjgzNjFhYTlkY2Y3YTcxZTQ4OWZkOC5qcGc

Technology needs to be a national issue for the United States, with digital currencies and blockchain to be recognized within that goal, according to Ripples’ Director of Regulatory Relations Ryan Zagone, at the Consensus 2019 conference on May 14.Zagone stated that technology needs to be a national security issue for the U.S. to ensure that the country is the leader and is not reliant on foreign innovators:“There is a broad discussion in Washington around 5G being dominated by foreign firms and the U.S. being reliant on foreign technology and foreign expertise… With blockchain and crypto, I think there's a recognition now that these will be part of our future infrastructure… It’s important both for national security and from an economic perspective, that the U.S. is a leader in that.”Recently, legislators reintroduced the Token Taxonomy Act, that would exclude cryptocurrency from being classified as a security. The act also pursues the…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE