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BCH $208.98 -2.74%
LINK $8.35 -1.88%
HYPE $58.22 -2.49%
AAVE $94.02 -2.10%
SUI $0.7220 -4.76%
XLM $0.1806 -0.91%
ZEC $497.81 -3.87%

Insiders: The lack of "open-mindedness" in the U.S. is driving the blockchain industry to move overseas

2024-09-29 10:24:47
Collection

ChainCatcher news, Fiona Murray, Managing Director of Ripple Asia Pacific, pointed out that the "lack of open-mindedness" in the U.S. is driving business overseas. Industry insiders and executives believe that the U.S. needs to rapidly improve six key areas to maintain competitiveness: talent development, banking support, user experience, Central Bank Digital Currency (CBDC), international cooperation, and regulatory framework. Several experts emphasized that the U.S. needs a more open attitude, or it may continue to fall behind Asian countries like Singapore, South Korea, and Japan. They suggested that the U.S. refer to the EU's Markets in Crypto-Assets Regulation (MiCA) to balance innovation with consumer protection and maintain competitiveness in the global blockchain ecosystem.

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