Ripple CEO Evaluates Trump-Harris Race! Talks About Probability of Approval for XRP ETFs!
The post Ripple CEO Evaluates Trump-Harris Race! Talks About Probability of Approval for XRP ETFs! appeared on BitcoinEthereumNews.com.
With only a short time left until the US elections, the cryptocurrency sector is also closely following the process. If Kamala Harris becomes president, there is a risk that Bitcoin (BTC) and cryptocurrencies will fall, while if Donald Trump becomes president, a major rise is expected. At this point, Ripple CEO Brad Garlinghouse spoke at the 8th Annual Washington DC Fintech Week. The famous CEO touched on many topics here and argued that there should be a reset for the cryptocurrency industry regardless of the US election results. Stating that the crypto industry will experience a “reset” no matter which candidate wins, Garlinghouse said he expects better crypto regulations after the US elections and expressed his optimism in this regard. “While Donald Trump has aggressively promoted the crypto industry, Harris, despite being from Silicon Valley and generally pro-tech, has remained relatively silent on the subject. But whatever the outcome, I think we’re going to see a reset, we’re going to see some progress on crypto regulation, and I’m definitely looking forward to that.” Garlinghouse said Ripple is neutral on the election issue but praised Harris, who announced last week that she would support a crypto regulatory framework if elected, calling her statement “very constructive.” XRP ETF Is Inevitable! Ripple CEO Brad Garlinghouse also said that despite his company being at odds with the SEC for years, he is confident that the XRP ETF will be approved. “In my opinion, an XRP ETF is inevitable. There is a huge demand for access to XRP from institutions and retail investors.” Garlinghouse said that he sees ETFs as a significant upward catalyst for related cryptocurrencies, including XRP, and that crypto prices have experienced major upward movements thanks to ETFs. As you may recall, Bitwise and Canary Capital applied for an XRP ETF. Citigroup…
Filed under: News - @ October 24, 2024 9:22 am