Ripple’s CEO take after the White House crypto summit: A level playing field
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The White House held its first-ever “crypto summit” on Friday, where several industry leaders met to discuss the Trump administration’s steps towards crypto regulatory clarity. Among the attendees was Ripple CEO Brad Garlinghouse, who said he was “pleased to see the incredible support from this administration.” In an X post late Friday, the CEO coined the time President Trump and Crypto Czar David Sacks have spent discussing regulatory frameworks for digital currencies as “weeks that feel like months.” Ripple CEO: We need a level playing field Garlinghouse, an advocate against the Securities and Exchange Commission’s legal actions against Ripple under the previous administration, mentioned the importance of entities in the industry collaborating and to stop pitting “one coin versus another.” “We will, as we’ve always done, continue to champion the need for a level playing field,” he stated. “It was great to hear others in the room echo this as well! The industry must come together to move much-needed legislation forward in the US.“ Garlinghouse concluded his message by thanking President Trump, Crypto Czar David Sacks, White House’s Executive Director of the Council of Advisers on Digital Assets Bo Hines, and CFTC Commissioner Caroline Pham for hosting a “truly historic summit.” Praise for Trump’s leadership in crypto After the summit, industry leaders and administration officials showed their support for Trump’s friendly approach to digital assets. In his post-summit press conference speech, David Sacks said it was an honor to work for a president who “works every day to get so much done for the American people.” “Your love of innovators and high IQ people is why we’re here,” Sacks remarked. “You love legal fairness and nobody knows what lawfare feels like better than you do. You will fight and never back down, even in the face of an assassin’s bullet.…
Filed under: News - @ March 8, 2025 7:11 am