If Ripple had shaken hands and made peace with the SEC earlier, would the crypto landscape look different today? Ripple's CEO Brad Garlinghouse recently expressed such regret in public and praised Harris's detailed approach to digital asset regulation. What hidden implications lie behind this?
The grievances between Ripple and the SEC have lasted for years, like a war without gunpowder. At the Washington FinTech Week stage, Garlinghouse cautiously tries to advocate for Ripple's neutral political status; he knows well that, regardless of who wins the election, now is the best time to woo regulators.
Thus, we see Ripple's executives stepping forward to praise Harris's regulatory approach, even contrasting sharply with Trump's 'radical' stance. Does this mean Ripple is betting on Harris's victory, attempting to mend its strained relationship with the SEC through political donations and improving its industry image?
However, Garlinghouse's implication also reveals Ripple's helplessness. They admit that failing to engage with the SEC earlier was a mistake, yet at the same time, they criticize SEC Chairman Gary Gensler for being too authoritarian. This attitude of seeking peace while complaining makes one wonder what Ripple is really thinking.
But it is undeniable that Ripple is taking active steps. They have not only donated substantial funds to bipartisan political action committees that support economic equity policies but are also trying to show regulators that they are 'serious people doing serious work.' Will this series of actions help Ripple regain some ground in the legal battle?
For $XRP investors, Garlinghouse's remarks seem to bring little substantial good news. The token's price continues to fall, and investors' sentiments feel like a roller coaster. However, Ripple's CTO David Schwartz calmly responded, stating that he cannot predict the future price of cryptocurrencies. This might be the best reminder for investors: investment requires caution, and the market carries risks.
However, in this competition of the crypto world, every step Ripple takes deserves our attention. Can they leverage political winds to turn the tide? Can they find a way to survive in the cracks of regulation? All of this will require time to answer.
In this rapidly changing crypto world, we must pay attention not only to price fluctuations but also to the underlying logic and trends. Ripple's story may just be a small episode in the crypto arena, but it provides us with profound insights: in the game between regulation and innovation, finding the balance is key.
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The above content is for informational sharing only and does not constitute any investment advice! Investment involves risks, and one should proceed with caution when entering the market!
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