Ripple (XRP) Appoints Dan Morgan from UK Govt. as Head of EU Regulatory Relations
Dan Morgan From The UK Govt. Is Ripple’s Head Of EU Regulatory Relations
Ripple recently revealed that it has hired Dan Morgan to be its Head of European Regulatory Relations. Dan previously worked at the UK government as a Fintech Sector specialist at the Department of International Trade.
This move comes after the addition of Kahina Van Dyke as Senior VP for business and Corporate Development and David Schwartz as the CTO. These recent hires have the Ripple community feeling hopeful and excited.
Dan is a well-known member of the England Fintech community. He also sits on the British Standards Institute UK Fintech Advisory Group. In addition to that, he launched the Transatlantic Policy Working Group in Washington DC. It brings together Fintech companies in the US, academics, and regulators together. The aim is to foster collaborative, open, and inclusive dialogue in respect to Fintech policies.
What Ripple’s Top Leadership Had To Say
Ryan Zagone, who is the director of regulatory relations at Ripple, said that Dan would be crucial to the growth in Europe. He added that Dan was bringing his deep expertise in fintech and digital assets to Ripple. Ryan also revealed in a tweet that Dan Morgan had recently been named the UK’s biggest influencer in the Risk Compliance and RegTech in 2017.
Ripple Community Is Excited
According to a post on Reddit, one Redditor said that Dan had a connection with the Bank of England. The post added that if Dan had chosen to join Ripple, it was because he could see the massive potential that Ripple had. It was also a show of confidence in the future of Ripple.
People Are Still Disappointed About The Price Of Ripple
Despite all of this positive news coming out about Ripple, the price of XRP had not shifted. This has disappointed some in the Ripple community. Some were wondering why Ripple was not taking off. This was because all the positive news should have people buying, raising the demand for Ripple. Members of the community were disappointed that people were not taking time to conduct research on all the positive moves Ripple had made in recent times.
A community member noted that if anyone wanted to understand Ripple and the blockchain, it would take more than just an hour of research. The same person went on to add that they were hopeful of the future in the coming months. He or she was quite confident that something big was going to take place.
Thus far, this move by Ripple to bring in three new experts has been met by nothing but positivity. Not even one person has been critical of this decision. The community generally recognizes that if Ripple is going to grow, it needs great minds to help it grow.
The Future In Europe
Ripple recognizes that Europe is a huge market with a lot of potential for its products. However, the regulatory environment in Europe is quite tough. Unlike the US, EU regulators have placed the crypto industry under the same or similar regulation to that of the banking industry. Thus, the move to hire Dan Morgan was wise.