Brad Garlinghouse, CEO of the payment network and cryptocurrency company Ripple, said that the US was «lagging» in crypto adoption. And there’s more. And here are the details...
The pace of countries' adoption of cryptographic assets has been among the «updated» issues at certain intervals on the agenda for many years. So far, it has emerged from an important name - a critical approach - for arguments that answer questions such as the extent to which countries are actively using cryptography. Brad Garlinghouse, CEO of the payment network and cryptocurrency company Ripple, said that the US is «lagging» in crypto adoption compared to other countries. In his noteworthy commentary, he explained the source of the situation to the large-scale regulatory uncertainty.
Garlinghouse told Bloomberg that in countries such as the United Kingdom, Switzerland, Australia, Japan, and Singapore, crypto adoption is better than in the United States. He added that those countries had introduced comprehensive rules for investors and entrepreneurs, and he would like to see similar steps taken in the United States.

«The chosen must stop acting like a stick...»
Ripple CEO Garlinghouse stated that in the late 1990s, with the appropriate rules, the US became a technology center, now the same should be done for cryptography. At the moment, the United States Securities and Exchange Commission (SEC), which is short for the SEC, said that it should stop acting like a stick, was quite interesting.
As you will recall, the relationship between the SEC and Ripple is not very good. In 2020, an American stock exchange auditor filed a lawsuit against Ripple. The ongoing lawsuit is based on Ripple’s assertion that cryptocurrency is security and still continues after the remaining three years.