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Ripple CEO: KYC/AML Matter for Crypto to Become an Integral Part of Global Financial System

Amy Liu

Summary: Ripple CEO Brad Garlinghouse just tweeted that reasonable oversight is necessary if we want crypto to be the infrastructure of the next gen financial system. With potential new US guidance for non-custodial crypto wallets, let’s not forget the end goal - to build a more inclusive and efficient financial system for all. Protecting consumers has to ...

Ripple CEO Brad Garlinghouse just tweeted that reasonable oversight is necessary if we want crypto to be the infrastructure of the next gen financial system. With potential new US guidance for non-custodial crypto wallets, let’s not forget the end goal - to build a more inclusive and efficient financial system for all. Protecting consumers has to be part of that. He is not against privacy, but against bad actors taking advantage of anonymous transactions. He has said many, many times before: KYC/AML matter for crypto to move from the fringes to an integral part of our global financial system.

By Amy Liu

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Link: Ripple CEO: KYC/AML Matter for Crypto to Become an Integral Part of Global Financial System   [Copy]
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