Ripple Labs CEO Brad Garlinghouse has predicted that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler will be removed from office regardless of the outcome of the upcoming presidential election, ChainCatcher reported.
Garlinghouse discussed U.S. encryption policy in light of the November election, saying technology should bridge political divides and that cryptocurrencies are expected to become more bipartisan as the election progresses.
He noted that while Republicans have taken a more positive stance toward cryptocurrencies, some Democratic leaders also see these technologies as key to maintaining U.S. tech leadership.