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. "If we are to stay on top economically, if we are to find a way to close the gap of economic inequality, this is the key. New technologies like blockchain will be a catalyst to increase financial inclusion and lower the barriers to commerce."