Ripple CEO Optimistic About Crypto Future Under Trump, Calls for Clearer Regulations

Brad Garlinghouse, CEO of Ripple Labs, recently discussed the future of cryptocurrency under a potential Trump administration in an interview with Fox Business.

He criticized the Biden administration’s approach to crypto and expressed optimism about the market’s potential with Trump in power. Garlinghouse believes Trump’s leadership could lead to clearer, more favorable regulations, helping the industry recover from the political challenges it faced under Biden.

He also touched on Ripple’s ongoing legal issues with the SEC, which have hindered the company despite its strong international market presence. Garlinghouse is hopeful that Trump’s “Make America Great Again” agenda could align with a “Make Crypto Great Again” movement, benefiting the industry.

Trump’s prior establishment of a pro-crypto transition committee and his promise of a Strategic Bitcoin Reserve have further fueled optimism among crypto advocates, with expectations that a more crypto-friendly SEC leadership could emerge.

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Garlinghouse highlighted that while the U.S. is a major market for cryptocurrency, regulatory clarity is still lacking. He believes that clearer laws, aligned with the new crypto economy, could unlock new opportunities for Ripple and the broader industry. As the crypto space looks for stability, Garlinghouse’s comments underscore the need for regulatory reforms to foster innovation and growth, making the U.S. an attractive destination for digital assets.

Kosta Gushterov