Money 20/20: Monica Long says ‘SEC is not a friendly entryway for us in the US’
06.06.2024
Monica Long, President of Ripple, joined Arjun Kharpal, Senior Correspondent for CNBC, at Money 20/20 to discuss the infrastructure needed for crypto implementation.
Their conversation centered around the theme of “Building Infrastructure Fundamentals,” which focused on traditional financial institutions’ perception and adoption of digital assets.
Long noted a significant shift in U.S. legislation and traditional finance institutions, citing the Bitcoin ETF approval in the U.S. as a crucial moment for crypto adoption. “BlackRock’s involvement was a big moment,” Long said. Many financial institutions have been slowly adopting crypto tech, acknowledging it as a contemporary financial framework, Long said.