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Ripple CEO: Trump administration is expected to bring new hope for crypto regulation and end the company's years-long legal dispute

Ripple CEO: Trump administration is expected to bring new hope for crypto regulation and end the company's years-long legal dispute

CointimeCointime2024/11/10 06:11
By:Cointime

Ripple CEO Brad Garlinghouse recently shared his views on X, emphasizing the potential changes in cryptocurrency regulation under the leadership of President-elect Trump. He stated that Ripple and XRP may face a turning point because the new pro-cryptocurrency regulatory shift could bring new hope and possibly resolve years-long legal disputes.

He praised the resilience of the XRP community and admitted, "Since XRP became the second most valuable digital asset, a lot has happened, and this journey has also been accompanied by frustrating experiences."

Garlinghouse pointed out, "The SEC has been intervening in the cryptocurrency market, picking winners and losers for six years now...and it has been four years since the SEC sued Ripple...Now, as these external (frankly unnatural and manipulative) market factors gradually disappear, we finally see the light at the end of the tunnel. The tide is turning, headwinds are turning into tailwinds, and the opportunity is huge for those of us who believe in the future of XRP."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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