Fiona Murray, president of Ripple Asia Pacific, said that the United States lags behind crypto-friendly regions such as Singapore and the United Arab Emirates, but there is still a chance to catch up. Donald Trump may have become the first US president to buy hamburgers with bitcoin, and Democrats may also have a favorable opinion of cryptocurrencies, but Murray is skeptical that the upcoming election will easily solve the problems of the US industry, "I think it's not just about the election, you have to get all the banks to support the Web3 community and grow from there," Murray said.