Kraken CO-CEO David Ripley Praises Europe’s Crypto Regulation

Industry figureheads are still examining the landscape of crypto regulation in the U.S. after the demise of the CLARITY Act, which left the digital assets ecosystem without a structural bill.

David Ripley, Co-CEO of Kraken, a leading exchange in the U.S., commented on the differences between the regulatory processes of the EU and the US, and how the former has adopted a more mature approach to crypto.

In an interview, Ripley stressed that the fact that the EU approved the Markets in Crypto Assets (MiCA) framework while the CLARITY Act failed is an example of how Europe approached these tasks with more maturity.

Ripley believes the political approach to crypto regulation in…