Ripple Head Of Policy Calls For UK To Join Global Trend Of CBDC Adoption

Ripple Head Of Policy Calls For UK To Join Global Trend Of CBDC Adoption
In an interview with the Digital Pound Foundation, Ripple Head of Policy Susan Friedman shared her positive outlook on London’s potential as a crypto hub, highlighting its dedication to developing ecosystems for crypto assets and Central Bank Digital Currencies (CBDCs).  Ripple Advocates For Encouraging CBDC Ecosystem Development Friedman noted that Ripple’s goal is to advocate for global policy frameworks that encourage ecosystem development for crypto assets, including CBDCs.  She expressed excitement for what is happening in the UK, as London and the government have taken a proactive approach to fintech and CBDCs. She cited the work of the Bank of England with the digital pound and the government’s consideration of all viewpoints when implementing a CBDC. According to Friedman, digital currencies and CBDCs are a natural evolution of how individuals and countries exchange value, given that current currencies were created in a less globalized world.  Related Reading: Ethereum Address Creation Spikes, Adoption On The Rise? She also believes CBDCs can offer the same protection as fiat and that most countries looking to implement ..

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