The post Garlinghouse Slams SEC as Trump-Era Policy Takes Hold appeared on BitcoinEthereumNews.com.

Others Ripple CEO Brad Garlinghouse says the company’s legal victory over the SEC marks the beginning of a more innovation-friendly era for U.S. crypto policy—thanks in large part to a change in leadership at the White House and regulatory agencies. In a Fox Business interview on The Claman Countdown, Garlinghouse confirmed that Ripple and SEC staff have finalized terms to end the multi-year legal battle over XRP. The commission is now expected to vote on a final dismissal. Under the deal, Ripple will pay $50 million—less than half of the $125 million it had previously set aside for penalties. The remainder, plus interest, will be returned to the company. “This is a big step forward,” Garlinghouse said. “Gensler’s SEC was on the wrong side of the law. With new leadership at the SEC and the White House, we’re seeing a much more constructive and pro-innovation stance.” Trump Administration Earns Praise From Ripple Chief Garlinghouse didn’t hold back in his praise for the Trump administration’s crypto-friendly posture. He singled out figures like David Sacks and Paul Atkins as instrumental in shaping what he called “common-sense” regulatory direction. “President Trump is absolutely delivering on his promises,” Garlinghouse said. “These are people who want to see this industry thrive here in the U.S.” The Ripple CEO also spotlighted two major bills gaining steam in Congress—one focused on stablecoins and the other on broader market structure. Ripple, which recently launched a stablecoin under a New York trust license, sees federal clarity as key to further growth. Ripple’s Latest Acquisition Signals Confidence in U.S. Market In a sign of growing optimism, Garlinghouse revealed that Ripple has closed one of the largest crypto acquisitions to date. “We could not have made this purchase a year ago,” he said. “There was a coordinated attack on crypto under…

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Filed under: News - @ April 13, 2025 3:13 pm