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Thursday, 07/18/2024 10:30:05 AM

Thursday, July 18, 2024 10:30:05 AM

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Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation
https://news.bitcoin.com/ripple-ceo-blasts-political-divide-over-crypto-calls-for-bipartisan-cooperation/

"...Garlinghouse singled out Senator Elizabeth Warren (D-MA) for using anti-crypto rhetoric as a campaign talking point. He opined:

"The fact that this became partisan, I think the patient zero on that is Elizabeth Warren, who uses as a campaign talking point that all cryptos are used for bad acts, etc, which is absolutely provably not the case."

The Ripple boss noted a peculiar dynamic where Republicans are pro-crypto, while many Democrats are anti-crypto. “It makes no sense to me,” he added, referencing a tweet from a Fortune reporter about the political implications of these stances.

Garlinghouse acknowledged that some leading Democrats are reconsidering their positions on cryptocurrency. He participated in a crypto roundtable in Washington, D.C., led by California Representative Ro Khanna and attended by notable figures like Mark Cuban and Senator Kirsten Gillibrand. “There are leading Democrats who, I think, are trying to solve this,” he said, mentioning a representative who admitted to having misunderstood the issue..."
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