Fiona Murray, managing director of Ripple Asia Pacific, believes the US is lagging in crypto innovation, with most progress happening in Singapore. She highlights the open-mindedness and stable environment in the APAC region that fosters healthy crypto development. Despite recent positive signs like Donald Trump buying a burger with Bitcoin and Democrats showing interest in crypto, Murray doubts that the upcoming election will bring immediate change to the US crypto industry. She emphasizes the need for regulatory clarity and infrastructure development in the US to catch up with countries like Singapore. While the SEC is preparing for a potential appeal against Ripple Labs, Murray remains optimistic that once the US establishes regulatory clarity and infrastructure, big banks entering the crypto space could significantly impact the industry. Overall, she believes that the US has the potential to catch up in the crypto sector with time. Read more AI-generated news on: https://app.chaingpt.org/news

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