Brad Garlinghouse has faced criticism over his alleged meeting with Trump.
The #Ripple Labs CEO is reportedly pushing #XRP and CBDC policies.
Among those who did not welcome the meeting was former Messari CEO Ryan Selkis.
Brad Garlinghouse, CEO of Ripple Labs, was criticized after he was rumored to have promoted XRP and CBDC policies during a meeting with President・Republican-elect Donald Trump.
rumors of Garlinghouse's alleged meeting with Trump surfaced on social media on September 16 after the CEO spoke in an interview with Fox Business, Garlinghouse did not confirm or deny the news, but the announcement of the meeting showed that the exchange rate of XRP, the national currency of Ripple, rose by 1 digit toドド2. "I think it's a good idea, he said.
Garlinghouse was optimistic about the future of digital assets under Donald Trump's administration, citing the president-elect's stance on cryptocurrencies, but industry executives did not welcome the news of his meeting and turned to X to oppose the CEO.
Among the first observers to express displeasure with the alleged development was former Messari CEO Ryan Selkis, who accused Garlinghouse of "bugging the implementation of XRP and CBDC
Brad Garlinghouse is selling XRP and CBDC. I will promote American dynamism and smart appointments that will strengthen Trump's legacy. We are not alike, Selkis wrote in his post.
Posting a repost of Selkis' comments to thousands of followers, Pierre Rochard, vice president of Riot Platforms Research, also expressed concern about Garlinghouse's relationship with the new administration.
We can't let Ripple influence US decision-making by opposing #bitcoin . I hope Trump adds more bitcoin users to his administration! Said Roshar.
This development comes at a time when the industry is closely watching Trump pursue cryptocurrency-friendly policies, as he promised during the presidential campaign.
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