Today we won't talk about price action, I wanted to earmark these lines to cover a piece of information that caught my attention about how education and the introduction of non-speculative use cases can help cryptocurrency companies navigate through different regulations.
According to Ripple executive, who recently called for technology-neutral regulations on cryptocurrencies, Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, mentioned to the Cointelegraph portal that the Introduction of non-speculative use cases can help cryptocurrency companies.
In an article published by Hermi De Ramos, "A Ripple executive has re-emphasized the need for a technology-neutral approach to make safeguards more effective and adaptable as global regulators grapple with cryptocurrency rules"
In the words of this Ripple personality, "We don't want people to think about regulating technology.... We want regulators, or anyone really, to be neutral about the technology. It doesn't matter whether the [activity] is happening on blockchain or traditionally."
He also stated that "Intention becomes action and action becomes building, collaboration and partnerships. @Navinblockchain shares how #RippleSwell in Dubai brings people together to drive crypto innovation."
SOURCES CONSULTED
Cointelegraph. Ripple exec reiterates need for tech-neutral crypto regulations. Link
OBSERVATION:
The cover image does not belong to the author:
, the image was taken from: Cointelegraph