Ripple CEO sees Gensler’s January 20, 2025, resignation as a turning point for XRP and crypto regulation.
Gensler’s exit on Trump’s Inauguration Day sparks hope in Ripple’s SEC case.
Ripple CLO highlights optimism for ending the SEC’s legal actions.
Ripple CEO Brad Garlinghouse sees a turning point for the crypto industry as SEC Chair Gary Gensler announces his resignation, effective January 20, 2025, the day of President-elect Donald Trump’s inauguration. Gensler shared the news in a post on X, sparking reactions from within the crypto community.
In his announcement, Gensler expressed gratitude to the SEC staff for their dedication to investor protection. Describing his tenure as an honor, he emphasized the importance of their mission-driven work.
Brad Garlinghouse responded to Gensler’s post with a Thanksgiving-themed message, highlighting his optimism about the leadership change. The Ripple CEO’s response mirrors a broader sentiment within the crypto community, which has long criticized the SEC’s regulatory stance under Gensler.
Ripple’s Chief Legal Officer, Stuart Alderoty, also weighed in, posting “and scene…,” a theatri…
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