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Ripple Meets With US And US Government To Talk Crypto – Here’s What Happened

Ripple is participating in new talks between U.S. and U.K. officials regarding crypto cooperation. With the U.K. establishing itself as a hub for digital assets and the U.S. seeking stronger ties with London, Ripple’s role in these discussions positions the company at the center of the conversation.

Ripple Joins High-Level Talks On Crypto Cooperation

In a tweet shared on X, analyst Nietzbux wrote that Ripple just met with the U.S. and U.K. governments on crypto cooperation. According to the post, Ripple’s involvement in the high-level discussion could shape the next phase of crypto regulation and collaboration. The meeting, which took place on Tuesday when the President of the United States and members of the U.K. Royal family talked, gave the crypto discussions even more weight.

According to Nietzbux’s report, UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Bessent led the meeting. Both parties discussed new ways the two countries could cooperate on digital assets and how to establish stronger systems for the crypto industry. Reeves and Bessent met with representatives from Bank of America, Barclays, Circle, Citi, Coinbase, and Ripple.

Banks and crypto companies sat in the same room, as Reeves and Bessent pointed out that the governments of the U.S. and the U.K. are considering their differing opinions before implementing crypto rules that may impact the global crypto market. This kind of gathering highlights the international attention now focused on crypto. 

Ripple’s expanding influence in bridging traditional finance and blockchain systems could have earned it its seat at the table. Cassie Craddock, Ripple’s managing director for the U.K. and Europe, points to the governments and crypto companies working together, saying the gains can spread past cryptocurrency and help the global economy. 

Ripple’s Cassie Craddock Says Cooperation Could Shape Global Standards

Discussing the significance of this partnership, Cassie Craddock said the planned collaboration between the two governments has “the potential to set a template for international cooperation in our industry.” By this, she explained that the talks are not only about the U.S. and U.K., but could also guide how other countries decide to work together on digital assets.

Ripple’s Craddock highlighted the strengths of the U.K. financial sector, noting its strong economy, deep financial markets, and skilled workforce as factors that have made the U.K. one of the world’s top financial hubs for many years. 

According to her, the countries are ready to use their existing strengths to lead in digital assets and innovation, which is why Ripple is advocating for deeper cooperation at this level. She added that cooperation between the U.S. and the U.K. could help both countries use blockchain technology more effectively.

Ripple

from Bitcoinist.com https://ift.tt/5ElS2i4
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