Ripple's Senior VP on the U.S. Senate Cryptocurrency Hearing

Ripple's Senior VP on the U.S. Senate Cryptocurrency Hearing

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the need for regulatory frameworks in the US to support innovation and global leadership, similar to the Internet era. It highlights concerns about Facebook's Libra and its impact on the digital currency industry, emphasizing the importance of collaboration and compliance. The desired regulatory framework should recognize digital currencies' differences and support responsible actors while addressing skepticism and bad actors. The role and ambitions of Facebook in creating a global currency are also evaluated.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key challenges in changing lawmakers' minds about digital currency regulation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the role of Facebook in the digital currency industry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What kind of regulatory framework does the speaker advocate for digital currencies?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the speaker express regarding the perception of the cryptocurrency industry?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker believe responsible actors can innovate within the financial system?

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