Ripple CEO Brad Garlinghouse On Wednesday, they offered their most positive statements about Democratic presidential candidate Kamala Harris as they try to lift their company's official line of neutrality in the 2024 US presidential election.
When appearing on stage DC Fintech Week This afternoon, the crypto executive appeared to praise what he saw as the sophistication of Harris' approach to digital assets, contrasting it with the strategy of her election rival, former President Donald Trump.
“Of course, Trump came out early and very aggressively … and said he's the president of crypto,” Garlinghouse said. “Kamala and team Harris are more wrong.”
The boss of Ripple continued to praise Harris Announcement Last week, she said she would support a crypto regulatory framework if elected, calling the statement “very constructive.”
Garlinghouse Vice President Harris Admits He's Been “Relatively Quiet” About Crypto Trumpcast the Democratic nominee as a “pro-tech” leader in Silicon Valley.
Thus, the Ripple CEO insisted that the upcoming presidential election will be the most critical in the history of crypto, but the victory of Harris or Trump will provide good news for the industry compared to the current regime.
“No matter what happens, I think we're going to see a reset, we're going to see progress going forward,” Garlinghouse said. Whatever happens, we will leave behind a failed course from the Biden administration.
In recent days, Ripple has been under intense scrutiny in the industry over its leadership's political allegiances. On Monday, Chris Larsen, one of the founders of the company announced After donating himself, he donated an additional $10 million in XRP to help Harris' campaign 1 million dollars In August. XRP It is a cryptocurrency that Ripple's founders helped create and that the company uses in its remittance tools.
Some in the industry have criticized the donation, considering Trump's gift. months Campaign trail appeals to crypto projects and owners. Nick Carter, a tech-focused VC and prominent voice on Crypto Twitter; Hidden Larson's funding of Harris is “totally baffling.”
But Garlinghouse was quick to back up his contributions, stressing that he respects the right of any Ripple employee to support “whatever they think is best to run America.”
The CEO of Ripple said on Wednesday that he will not support either presidential candidate before November. But the exposure to himself and Ripple has already made a few waves in the industry.
Edited by Andrew Hayward.
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