Ripple Steps Into Washington 🏛️ – Key Crypto Talks With US
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Updated at: 3 hours ago
{"content":"Ripple Steps Into Washington 🏛️ – Key Crypto Talks With US Government
New crypto cooperation negotiations between the U.S. and U.K. include Ripple. With the U.K. becoming a digital asset powerhouse and the U.S. pursuing closer relations with London, Ripple is at the core of these conversations.
The Ripple joins high-level crypto cooperation talks
X analyst Nietzbux tweeted that Ripple met with the U.S. and U.K. governments on crypto collaboration. In the high-level discussion, Ripple may influence crypto policy and collaboration, according to the article. The Tuesday encounter between the US President and the U.K. Royal family boosted crypto discourse.
Nietzbux said that UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Bessent chaired the meeting. They explored innovative ways the two governments may collaborate on digital assets and strengthen crypto industry infrastructures. Reeves and Bessent met with Bank of America, Barclays, Circle, Citi, Coinbase, and Ripple.
Banking and crypto firms sat in the same room as Reeves and Bessent noted that the U.S. and U.K. governments are examining their divergent viewpoints before establishing crypto legislation that may affect the global crypto industry. This type of gathering shows crypto's global interest.
Ripple's growing prominence in bridging blockchain and conventional banking may have won it a seat at the table. Ripple's managing director for the U.K. and Europe, Cassie Craddock, says governments and crypto businesses working together can boost the global economy in addition to cryptocurrencies.
Cassie Craddock said the two countries' proposed relationship had “the potential to set a template for international cooperation in our industry.” She noted that the conversations are not only about the U.S. and U.K. but might influence how other nations collaborate on digital assets.
Ripple's Craddock said that the U.K.'s robust economy, extensive financial markets, and competent workforce have made it one of the world's top financial centers for years.
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