Re: How can this be good for the cryptospace environment in the state of New York?
The influence of Joseph Lubin of Ethereum and Ryan Zagone of Ripple will certainly corrupt the task force and make it move according to the advantage of their own platforms.
The New York state government have certainly made an improper start by including those 2.
Ethereum co-founder Joseph Lubin and Ripple director of regulatory relations Ryan Zagone have been appointed to New Yorks new Digital Currency Taskforce.
The group will help New York lawmakers shape the regulatory environment for blockchain and cryptocurrency in the Big Apple.
Assemblymember Clyde Vanel announced the six legislative selections for the task force, which was created back in January.
New York was the first state in the nation to create a cryptocurrency task force to help the states and the country figure out how to properly regulate digital currency and blockchain technology...
We are excited that were going to have some of the premier people in blockchain technology and in cryptocurrency help guide New York state and the country, and maybe the world, on finding the right level of regulations in this space.
Read in full https://dailyhodl.com/2019/07/24/ethereum-co-founder-and-ripple-executive-join-new-yorks-digital-currency-taskforce/
This is good news because in the past we thought governments has been behaving as if they will not need cryptocurrency experts before regulating blockchain technology. This two cryptocurrencies experts are going to advise task force in a way that will help the growth of cryptocurrency. If you are still thinking that USA governments or New York is going to ban bitcoin then you are deceiving yourself . Any negative comments from governments against bitcoin from now should be consider as FOMO or FUD and that is for them bring bitcoin down to buy cheap.The New York state government have certainly made an improper start by including those 2.
Ethereum co-founder Joseph Lubin and Ripple director of regulatory relations Ryan Zagone have been appointed to New Yorks new Digital Currency Taskforce.
The group will help New York lawmakers shape the regulatory environment for blockchain and cryptocurrency in the Big Apple.
Assemblymember Clyde Vanel announced the six legislative selections for the task force, which was created back in January.
New York was the first state in the nation to create a cryptocurrency task force to help the states and the country figure out how to properly regulate digital currency and blockchain technology...
We are excited that were going to have some of the premier people in blockchain technology and in cryptocurrency help guide New York state and the country, and maybe the world, on finding the right level of regulations in this space.
Read in full https://dailyhodl.com/2019/07/24/ethereum-co-founder-and-ripple-executive-join-new-yorks-digital-currency-taskforce/