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Ripple CEO: Trump administration is expected to bring new hope for crypto regulation and end the company's years-long legal dispute
2024-11-10 05:34
Odaily News Ripple CEO Brad Garlinghouse recently shared his views on X, highlighting the changes that may occur in cryptocurrency regulation under President-elect Trump. He said that Ripple and XRP may be facing a turning point, as the new pro-cryptocurrency regulatory shift is expected to bring new hope and potentially resolve the years-long legal dispute. He praised the resilience of the XRP community and admitted that "a lot has happened since XRP became the second most valuable digital asset, and this journey has also been accompanied by frustrating experiences." Garlinghouse pointed out: "It has been 6 years since the SEC began intervening in the cryptocurrency market and picking winners and losers... and it has been 4 years since the SEC sued Ripple... Now, as these external (and frankly unnatural and manipulative) market factors gradually disappear, we are finally seeing the light at the end of the tunnel. The tide is turning, the headwind is turning into a tailwind, and for those of us who believe in the future of XRP, the opportunity is huge."