Wednesday, October 28, 2020

Ripple Co-Founder Chris Larsen Discusses the U.S.-China Tech Cold War

Must Read

NYSE’s former regulation head takes crypto job at Andreessen Horowitz

A senior regulation executive at the world’s largest stock exchange is moving into the cryptocurrency industry.Anthony Albanese, a former chief regulatory officer at the...

Malaysian Securities Commission issues revised digital asset guidelines

The Securities Commission Malaysia has issued revised guidelines governing digital assets, effective as of Oct. 28. These are intended to regulate initial exchange offerings,...

ConsenSys collaborates with Banque de France digital euro partner

Ethereum software firm ConsenSys has just sealed its sixth central bank digital currency project. On Oct. 28, the blockchain organization announced that it will be...

MAJOR BITCOIN BUY SIGNAL FLASHES! INSANE CRYPTO FOMO STARTING! [Do Not Miss This!]

Bitcoin flashes a major buy signal! Insane FOMO is starting! 👀 BLOCKFI $275 https://blockfi.mxuy67.net/c/2040095/907782/10568 🔥 WEALTH MASTERY ►► https://cryptolark.co/WEALTHMASTERY 👨‍🎓 COURSES FOR BEGINNERS 👨‍🎓 👉 CRYPTO EXPLAINED...
Blockchain is poised to play an integral role in our next-gen global financial system. However, China is racing ahead of the United States in this arena, escalating competition for who will lead the future economic structure and standards of the world.

At the 2020 CB Insights Technology Conference, Ripple co-founder and Executive Chairman, Chris Larsen, spoke with Wall Street Journal reporter Paul Vigna about the tech Cold War brewing between the U.S. and China.

“We’re way behind China when it comes to blockchain technology,” explains Larsen. “So, [U.S.] companies need to stay at it, blocking, tackling and working within the system. But the U.S. government also needs to get a lot more involved in blockchain. We’re slow to the game.”