Ripple's Head of Public Policy, Susan Friedman, has urged the US to draw inspiration from the EU and UK's regulatory approaches for cryptocurrency. Friedman warned that the absence of clear regulations in the US drives activity offshore, which hinders the monitoring of illicit and criminal activities, contradicting the goals of critics.

She praised the EU's progressive approach to crypto regulation, highlighting the contrast with the US's emphasis on enforcement over clarity. Friedman also emphasized the diversity within the crypto ecosystem and Ripple's goal to improve cross-border money transfers using blockchain and cryptocurrency technologies.