• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

Ripple CEO Calls For Industry Collaboration To Support Pro-Crypto Candidates In 2024 US Election | Bitcoinist.com

approx by approx
December 19, 2023
in Bitcoin
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


In a year marked by regulatory pressure on the crypto industry, Ripple CEO Brad Garlinghouse has renewed his call for industry cohesion to rally behind pro-crypto candidates in the upcoming 2024 US presidential election. 

Garlinghouse emphasizes the urgent need to counter the anti-crypto and anti-innovation stance the Biden administration took, particularly about blockchain technology. Ripple CEO believes supporting candidates who champion innovation and responsible regulation is crucial to avoid falling behind on the global stage.

Ripple CEO Calls For Industry Unity

Garlinghouse took to X (formerly Twitter) to assert Ripple’s commitment to lead the charge alongside other industry leaders in endorsing pro-innovation and pro-crypto candidates. 

Ripple’s CEO highlights the negative impact of regulatory overreach, particularly from the Securities and Exchange Commission (SEC), which he believes is pushing the US in the wrong direction. At the same time, other countries seize the opportunity to capitalize on the lack of American leadership.

The Ripple CEO advocates for a return to first principles in 2024, promoting transparency, innovation, and a compliance-first approach. Through these initiatives, Garlinghouse aims to address the regulatory uncertainties that have plagued the industry and hindered its growth. 

Garlinghouse underlines the importance of seizing this opportunity to effect positive change and ensure that the US remains at the forefront of crypto and blockchain innovation.

Republican And Democratic Pro-Crypto Candidates

Two Republicans and one Democrat have garnered attention as potential pro-crypto White House candidates. Entrepreneur Vivek Ramaswamy and Chairman Gary Gensler have criticized the SEC’s regulatory approach. 

Ramaswamy pledges to establish forward-looking rules that clarify which crypto assets qualify as securities, promoting clarity and certainty for investors.

Former Arkansas Governor and Republican candidate Asa Hutchinson highlights the inherent transparency in the crypto market, arguing that it surpasses traditional financing in this regard. 

Hutchinson believes that the transparent nature of crypto makes it a less attractive avenue for illicit activities.

On the Democratic side, Representative Dean Phillips maintains a neutral stance toward crypto. However, Phillips acknowledges its potential and calls for standardized cryptocurrency transactions and the closure of tax loopholes to address budget deficits. 

Phillips emphasizes the need to tackle the influence of wealthy interests on lawmakers, citing this as a critical factor in driving bipartisan support for crypto-related initiatives.

Trump’s Crypto Comeback? 

Another potential candidate is former President Donald Trump. Despite his previous prediction of a crash in cryptocurrencies, recent reports indicate his involvement in crypto. 

Trump has launched a non-fungible token (NFT) collection on the Polygon blockchain network, showcasing his infamous mug shot from Fulton County Jail in Atlanta. Trump’s utilization of blockchain technology underscores its significance and ongoing interest in crypto.

The support of these candidates by Ripple CEO Brad Garlinghouse and other industry leaders reflects their shared vision for a president who fosters innovation, encourages growth, and embraces the nascent blockchain industry. 

Overall, the endorsement of pro-crypto candidates by influential figures within the community holds the potential to unlock a new chapter of growth and development in the United States.

Ripple
XRP’s downtrend on the daily chart over the past seven days. Source: XRPUSDT on TradingView.com

Featured image from CNBC, chart from TradingView.com 



Source link

Related articles

The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year

The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year

October 8, 2025
Europeans Can Now Live On The Bitcoin Standard With Bringin

Europeans Can Now Live On The Bitcoin Standard With Bringin

October 8, 2025
Share76Tweet47

Related Posts

The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year

The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year

by Moussa
October 8, 2025
0

Historically, the Dogecoin price has recorded some of the most legendary rallies in the crypto space. Over the last couple...

Europeans Can Now Live On The Bitcoin Standard With Bringin

Europeans Can Now Live On The Bitcoin Standard With Bringin

by Moussa
October 8, 2025
0

Bringin, an Estonia-based Bitcoin financial services platform, has announced the full release of its comprehensive Bitcoin-to-euro solution, following an 18-month...

Bitgo Secures VARA Broker‑Dealer License to Launch Regulated Institutional Trading in Dubai

Bitgo Secures VARA Broker‑Dealer License to Launch Regulated Institutional Trading in Dubai

by Moussa
October 8, 2025
0

Bitgo MENA FZE announced that it has obtained a Broker‑Dealer license from the Dubai Virtual Assets Regulatory Authority (VARA), allowing...

peer discovery – how to obtain the IP addresses of nodes for mining pools?

wallet recovery – Can you generate password from a decrypted and encrypted bip38 keys?

by Moussa
October 8, 2025
0

I made 5 bip38 wallets on bitaddress.org all with the same password. all the keys generated started with number 6....

Spot Bitcoin ETFs Near $50B In Total Inflows After $1B Surge

Bitcoin Price Down Slightly, VanEck Sees Surge To Half Gold Value

by Moussa
October 8, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price edged down a fraction...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News