{"id":57602,"date":"2019-10-23T12:02:33","date_gmt":"2019-10-23T10:02:33","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=57602"},"modified":"2019-10-23T13:06:50","modified_gmt":"2019-10-23T11:06:50","slug":"ripple-takes-cryptocurrency-discussion-closer-to-washington-dc","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ripple-takes-cryptocurrency-discussion-closer-to-washington-dc\/","title":{"rendered":"Ripple Takes Cryptocurrency Discussion Closer to Washington DC"},"content":{"rendered":"<ul>\n<li><strong>Ripple chose Washington for its closeness to the White House and the US government.<\/strong><\/li>\n<li><strong>The launch of the office in DC is the beginning of a larger global expansion.<\/strong><\/li>\n<\/ul>\n<p>Ripple, a leading blockchain platform has landed in Washington DC with a new office. The office has been put in place purposely for advocacy tailored for both crypto and blockchain. According to <a href=\"https:\/\/ripple.com\/xrp\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Ripple<\/a>, DC was chosen particularly for its proximity to the White House and the United States government at large.<\/p>\n<p>The office will operate under the leadership of Michelle Bond and is going to provide knowledge regarding the blockchain and cryptocurrency to policymakers. This development is part and parcel of a larger global plan that Ripple has put in place to \u201cspread the word\u201d regarding the new asset classes and the blockchain technology.<\/p>\n<p>Commenting on the expansion, Ripple explained:<\/p>\n<blockquote><p>\u201cIn the U.S. and abroad, it\u2019s important for policymakers to be armed with industry knowledge to help them shape conditions that will enable technological innovation to thrive. At Ripple, we look forward to continued conversations with policymakers and are building a team that brings a wealth of legislative and policy experience.\u201d<\/p><\/blockquote>\n<p>Besides, the \u201cspread the word\u201d initiative, Ripple is a member of the Blockchain Association. This is a body that fosters cordial relationships among blockchain companies in the industry. The Blockchain Association also has the mandate to nurture relations between the blockchain companies and government agencies in addition to providing government departments with knowledge related to blockchain.<\/p>\n<p>Read also: <a href=\"https:\/\/en.ethereumworldnews.com\/why-ripples-xrp-liquidity-is-skyrocketing-in-mexico-amid-lethargic-trading\/\" target=\"_blank\" rel=\"noopener noreferrer\">Why Ripple\u2019s XRP Liquidity Is Skyrocketing In Mexico Amid Lethargic Trading?<\/a><\/p>\n<p>Ripple\u2019s CEO, Brad Garlinghouse also commented on the decision to launch a DC office saying:<\/p>\n<blockquote><p>\u201cEvery federal regulator is looking at this space and trying to figure out how to regulate it, and having a DC presence is essential to smart and effective regulation. We\u2019re focused on maintaining a dialogue with Washington regulators and policymakers and being a resource to the Hill allows us to be easily accessible at all times.\u201d<\/p><\/blockquote>\n<p>Garlinghouse reiterated the effort Ripple has been making when it comes to helping the government and central banks understand blockchain and digital assets. \u201cWe sat on the Federal Reserve Faster Payments Task Force, are part of the IMF\u2019s Fintech Advisory Board, hosted a summit for central banks to learn about blockchain and we continue to engage with 50+ governments worldwide \u2013 and establishing an office here is a natural extension of that work,\u201d Garlinghouse asserted.<\/p>\n<p>Meanwhile, Ripple\u2019s XRP is <a href=\"https:\/\/coinmarketcap.com\/currencies\/ripple\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">trading <\/a>at $0.2880. Generally, trading has been bearish across the board whereby XRP has lost 1% of its value on the day. XRP is the third-largest crypto on the market with a market cap of $12.6 billion. In the last 24-hours, $1.5 billion in trading has been recorded across all listed crypto exchanges.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple chose Washington for its closeness to the White House and the US government. The launch of the office in DC is the beginning of a larger global expansion. Ripple, a leading blockchain platform has landed in Washington DC with a new office. The office has been put in place purposely for advocacy tailored for both crypto and blockchain. According to Ripple, DC was chosen particularly for its proximity to the White House and the United States government at large. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":57572,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4656],"tags":[83,84,7483],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/57602"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=57602"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/57602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/57572"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=57602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=57602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=57602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}