Note from the Publisher: Before founding FintekNews, we consulted with a publisher involved in the digital currency space, and we first learned about many of the big players in bitcoin and blockchain through that entity. Ripple is one such group, having raised over $96M in venture capital AND from from some big, big players – Google Ventures, Accenture, Andreessen Horowitz, and CME Group and the like. As we head toward the countdown for the presidential election, they are calling for a Fintech Advisor to be added to the White House cabinet, in order to keep the new POTUS apprised on the important innovations and implications of fintech for the United States moving forward. We couldn’t agree more.
“With less than a month to go before the US election, one distributed ledger startup’s chief executive is making the pitch for a national ‘FinTech advisor’.
Chris Larsen, CEO of Ripple, is calling for the next US president to appoint an advisor to help navigate the rapidly changing financial technology sector. In a new blog post, released today, Larsen argues that technology is redrawing the boundaries of finance – and that the US government needs to take action to keep American companies competitive.
His words of caution come weeks before Americans head to the polls on 8th November, an election that will likely see Democrat Hillary Clinton or Republican Donald Trump taking the top public office.”