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Paxos CEO warns US risks losing financial leadership without crypto reform – TON BOT

Paxos CEO warns US risks losing financial leadership without crypto reform

: Paxos CEO and co-founder Charles Cascarilla wrote an open letter to Vice President Kamala Harris and former President Donald Trump, urging them to support digital assets and modernize financial regulations to maintain America’s financial leadership. He highlighted the potential of blockchain and stablecoins to create a more inclusive financial system and emphasized the importance of bipartisan support for regulatory reforms in order to prevent the loss of jobs and capital to other countries. Cascarilla called for collaboration with the next administration to establish a stablecoin framework and maintain US economic competitiveness.


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