Ripple CEO praises Kamala Harris as crypto’s nuanced ally amid election turmoil

Ripple CEO Brad Garlinghouse expressed positive statements for Democratic presidential candidate Kamala Harris during his presentation at D.C. Fintech Week. The crypto executive highlighted her sophisticated approach to digital assets compared to former President Donald Trump’s more aggressive stance.

Brad praises Harris for supporting crypto regulation, donates $10 million

The CEO also commended Harris for her recent announcement that if elected, she would support a regulatory framework for cryptocurrencies, calling her statement “most constructive.”

Though she hasn’t revealed much about her crypto intentions, her campaign launched its “opportunity agenda for Black men” last week. This agenda includes a desire to better regulate cryptocurrencies to protect Black men and others who invest in them.

Despite emphasizing that the upcoming election is crucial for the crypto industry, he suggested that either a Harris or Trump victory would be beneficial compared to the current administration.

Regardless of the outcome, we will see a reset and forward progress, moving away from the failed approach of the Biden Administration.

– Brad Garlinghouse

Ripple CEO expresses confidence in XRP ETF approval  

Garlinghouse expressed confidence that the U.S. Securities and Exchange Commission (SEC) would approve an exchange-traded fund (ETF) for XRP despite Ripple’s ongoing challenges with the regulator. Fund manager Bitwise recently filed for an XRP ETF, allowing investors to gain exposure to XRP without directly holding the cryptocurrency.

The Ripple CEO stated that he would not back either presidential contender until November. But the position he’s established for himself and Ripple has already created some buzz in the sector.