As regulation looms over the cryptocurrency markets, one company in particular is excited about the prospect of global regulators getting involved in the markets.

During an interview with Fox Business, Cory Johnson, Ripple’s chief market strategist, stated that the company is “thrilled” to see that regulatory authorities are getting more involved in the markets, saying:

“We’ve seen what happens when there aren’t investor protections. We’ve seen investors lose so much money, and we’ve seen it in the world of crypto. We’ve seen some real bad actors involved, so we’re thrilled that regulators are getting involved.”

Johnson added to his previous statement, saying, “One person’s regulation is another person’s protection. I believe it’s really important for investors to be protected.”

However excited they may say they are about regulation, XRP, the cryptocurrency commonly associated with Ripple, is speculated to be at risk from regulation from the US Securities and Exchange Commission. If the cryptocurrency, which is a vital piece to the company’s xRapid settlement solution, is deemed to be a security, it would almost instantly become illiquid.

Regardless of the fears surrounding the SEC’s potential verdict on XRP, Ripple seems to be embracing and preparing for potential regulatory measures. Ben Lawsky, the superintendent of the New York’s Department of Financial Services, designed and implemented the state’s controversial BitLicense, and is now a member of Ripple’s board of directors. The company is also being represented by former SEC chair Mary Jo White in their quest to ensure that XRP is not regulated as a security.

Notably, the United States has been slower than many countries in implementing regulatory measures on the cryptocurrency markets. Johnson explained that the US is falling behind other countries when it comes to developing regulatory framework, and that the difficulty of doing so will only increase with time.

“A lot of other countries are moving faster than the U.S. to try to provide really clear lanes of where businesses can act — what’s right and what’s wrong,” Johnson said.

Johnson’s comments on the importance of regulation come just a few weeks after one of Ripple’s senior executives confirmed that regulation is the biggest threat to Ripple’s business model.

While speaking at the University of Pennsylvania’s Wharton School of Business, Ripple’s senior vice president of product, Asheesh Birla, explained the risks regulation poses to the company, saying:

“We are going around the world making sure that for the next 1,000 customers that we want to bring on… which we think we can do in the next two years … that regulation is not going to be an issue.”

Recently, the Chairman for the US Commodities and Futures Trading Commission, J. Christopher Giancarlo, testified to Congress on cryptocurrency regulations, stating that this US is four years behind on regulating blockchain and cryptocurrency applications.