Future of Cryptocurrency in the US

Fiona Murray, Managing Director of Ripple Asia Pacific, believes that the US is lagging behind in crypto innovation, with most of the 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, such as Donald Trump buying a burger with Bitcoin and Democrats showing interest in cryptocurrencies, Murray doubts that the upcoming election will bring immediate changes to the US crypto industry. She stresses the need for regulatory clarity and infrastructure development in the US to catch up with countries like Singapore. As the SEC prepares for a potential appeal against Ripple Labs, Murray remains optimistic that once the US establishes regulatory clarity and infrastructure, large banks entering the crypto space could significantly impact the industry. Overall, she believes that the US has the potential to catch up with the crypto sector over time. $BTC $ETH $BNB