Brad Garlinghouse, CEO of Ripple, envisions a booming future for the U.S. cryptocurrency sector, driven by a shift in regulatory attitudes and XRP\u2019s remarkable market performance.<\/p>\n\n\n\n
In a recent Fox Business interview, Garlinghouse expressed excitement about President-elect Donald Trump\u2019s apparent embrace of the cryptocurrency industry. He highlighted Trump\u2019s alignment with crypto innovation and entrepreneurship, which he believes marks the end of restrictive oversight from the U.S. Securities and Exchange Commission (SEC).<\/p>\n\n\n\n
\u201cWe finally have a crypto president,\u201d Garlinghouse stated. \u201cThe crypto industry has embraced Trump, and Trump has embraced the crypto industry. This is a turning point.\u201d<\/p>\n\n\n\n
Garlinghouse pointed to XRP\u2019s stellar growth as a reflection of the crypto sector\u2019s resurgence. Since election day, XRP has risen over 70%, making it one of the best-performing assets in the space. He attributed this surge to the lifting of regulatory pressure that had previously stifled U.S.-based crypto companies and technologies.<\/p>\n\n\n\n
\u201cThe SEC\u2019s manipulation and overreach are being rolled back, and now these companies are thriving,\u201d Garlinghouse explained. \u201cThe market went from $2.2 trillion to nearly $3 trillion, representing an $800 billion unlock.\u201d<\/p>\n\n\n\n
Garlinghouse emphasized Ripple\u2019s ongoing battle against SEC overreach, which culminated in the company spending over $150 million in legal efforts. He welcomed recent developments, including a lawsuit filed by 18 Republican attorneys general against the SEC, which he sees as validation of Ripple\u2019s longstanding fight for fair treatment.<\/p>\n\n\n\n
He also celebrated Robinhood\u2019s decision to re-list XRP, viewing it as a sign of the shifting regulatory landscape.<\/p>\n\n\n\n
Looking ahead, Garlinghouse expressed confidence in a future where innovation takes center stage and the era of \u201cregulation through enforcement\u201d comes to an end.<\/p>\n\n\n\n
\u201cIt\u2019s a totally new day, and I could not be happier,\u201d he concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"
Brad Garlinghouse, CEO of Ripple, envisions a booming future for the U.S. cryptocurrency sector, driven by a shift in regulatory attitudes and XRP\u2019s remarkable market performance. A \u201cCrypto President\u201d Sparks Optimism In a recent Fox Business interview, Garlinghouse expressed excitement about President-elect Donald Trump\u2019s apparent embrace of the cryptocurrency industry. He highlighted Trump\u2019s alignment with […]<\/p>\n","protected":false},"author":6,"featured_media":6264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[259,43],"tags":[],"class_list":["post-12322","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins","category-general-news"],"acf":[],"yoast_head":"\n