Crypto Chat, News Ripple's CEO Applauds Trump's Crypto Support

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Ripple's CEO Applauds Trump's Crypto Support

Brad Garlinghouse, CEO of Ripple, recently praised the Trump administration's support for the cryptocurrency industry. He highlighted significant events such as the first-ever White House Crypto Summit and a U.S. Commodity Futures Trading Commission (CFTC) CEO Roundtable. Garlinghouse noted the rapid developments in crypto policy discussions and regulatory shifts.

There’s been a lot of talk about what this White House has and will prioritize with their crypto agenda – most importantly, regulatory clarity through Congressional action, as well as a BTC reserve & crypto stockpile, support for stablecoin innovation backed by U.S. Treasuries, and more,
Garlinghouse stated on social media. He expressed optimism, saying,
I was extremely pleased to see the incredible support from this administration.

He acknowledged key figures like President Donald Trump for welcoming crypto leaders to the White House, contrasting it with the "hostility of the Biden administration." Garlinghouse also thanked White House AI and Crypto Czar David Sacks and Bo Hines for organizing the summit, as well as CFTC Commissioner Caroline Pham for hosting discussions. He suggested these engagements marked a turning point in policymakers' relationship with the crypto industry.

The Ripple executive urged the crypto community to focus on broader industry goals rather than internal conflicts between cryptocurrencies. He reaffirmed his commitment to advocating for a fair regulatory framework, stating,
We will – as we’ve always done — continue to champion the need for a level playing field (and it was great to hear others in the room echo this as well!) and for the industry to come together to move much needed legislation forward in the U.S.

 

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