Ripple CEO Brad Garlinghouse has predicted a “reset” for the crypto space.
Garlinghouse said that the Biden administration is “hostile” towards crypto.
The crypto entrepreneur is optimistic regarding the approval of spot XRP ETFs.
Brad Garlinghouse, the CEO of American fintech firm Ripple, predicts that the crypto industry will face a reset, regardless of who wins the 2024 U.S. presidential election—whether it’s Republican candidate Donald Trump or current Vice President Kamala Harris.
Garlinghouse spoke at the 8th Annual Washington DC Fintech Week, where he openly criticized the Biden administration for its efforts to suppress the digital asset industry, describing its approach as “hostile” towards crypto firms. He believes the sector is on the verge of a “reset”, no matter if the Bitcoin-friendly Trump or Harris, who has been quieter on the topic despite her Silicon Valley ties, wins in November.
Read also: XRP Ledger Activity Spikes as Ripple’s SEC Fight Continues
“I think no matter what happens, we’re going to see a reset, we’re going to see forward progress and I am certainly looking forward to that.”
The Ripple C…
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