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XRP Today's News: Garlinghouse Claims that 67 Million American Crypto Users Will Not Leave the Market
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2h ago
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Ripple CEO Brad Garlinghouse refutes claim that "midterm election results are unfavorable to the crypto industry," stating that members of both parties supporting the industry were elected, and that over 67 million crypto users in the United States "will not disappear." Ripple Chief Legal Officer Stuart Alderoty noted that the actual situation is more complex than what headlines present, and mentioned that political action committees supporting crypto Fairshake won key campaigns in the primaries and general elections.
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XRP Today's News: Garlinghouse Claims that 67 Million American Crypto Users Will Not Leave the Market

Ripple The CEO, Brad Garlinghouse, refuted the claim that "midterm election results are bad news for the crypto industry." In a post on X, Garlinghouse stated that members of Congress from both parties who support the industry have been elected, and that more than 67 million people in the United States who use cryptocurrencies will not disappear.

He stated that the goal of the new congress has not changed, which is to establish clear regulations for digital assets in the United States.

Ripple Chief Legal Officer Stuart Alderoty stated that the actual situation is more complex than what the news headlines suggest. He pointed out that the Crypto Political Action Committee Fairshake won key campaigns during both the primaries and the general elections, and early data from Stand With Crypto indicates that many pro-crypto legislators are entering Congress.

Alderoty indicates that Ripple will continue to provide financial support for political participation and education through organizations such as the National Cryptocurrency Association of the United States.

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