Ripple’s Larsen Says US Risks Losing Stewardship of Global Financial System to China, Dissing SEC

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Chris Larsen, Ripple co-founder and chairman of the payments technology company’s board of directors, said China’s “itching” to be the one that designs the next financial system and that the U.S. is “woefully behind.” See also: SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy, Risk-Avoidance: Peirce

via CoinDesk https://www.coindesk.com/ripples-larsen-says-us-at-risk-of-losing-stewardship-of-global-financial-system-to-china-disses-sec