Ripple’s CEO, Brad Garlinghouse, believes that the US crypto industry will benefit from a “lawful” administration after the 2020 US presidential elections. He thinks that the industry was attacked “for years” by the previous administration and the Gensler-led Securities and Exchange Commission (SEC), which launched lawsuits against crypto companies, including Ripple.
However, the SEC failed to specify the exact nature of crypto tokens and why they should be considered securities. Since the election, the best-performing crypto assets have been US companies or technologies, and Garlinghouse believes that the pressure from the SEC is now off, leading to their upward trajectory.
There have been rumors that Garlinghouse met with Trump or his representatives about potential involvement in establishing crypto policy in the US, but he did not confirm this. Here are some interesting articles: 1. [Article 1 Title](Article 1 Link) 2. [Article 2 Title](Article 2 Link) 3. [Article 3 Title](Article 3 Link)
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