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Ripple Labs and CEO come under fire amid rumors of a Trump meeting

Ripple's native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.

Ripple Labs and CEO Brad Garlinghouse are facing criticism from industry executives after rumors that the CEO recently met with President-elect Trump began circulating on social media.

In response to the rumors, former Messari CEO and founder Ryan Selkis remarked: "Brad Garlinghouse is shilling XRP (XRP) and CBDC implementations." Selkis' comments were reposted by the vice president of research at Riot Platforms, Pierre Rochard.

Rochard agreed with Selkis and wrote "We can’t let Ripple co-opt the United States policymaking process with their anti-bitcoin agenda," and hoped that the President-elect would appoint more Bitcoiners to his administration.

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Charles Hoskinson shares new plans to ‘help foster’ US crypto policies

Cardano founder Charles Hoskinson stated that when it comes to crypto policies in the United States, "we have to do this, and we have to get it done."

Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States.

“I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help foster and facilitate with other key leaders in industry the crypto policy,” Hoskinson explained in a Nov. 9 video posted on X.

“We have to do this, and we have to get it done,” Hoskinson declared.

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What’s Next for XRP? Ripple CEO Discusses Crypto Landscape Shift

What’s Next for XRP? Ripple CEO Discusses Crypto Landscape ShiftRipple and XRP could face a turning point as new pro-crypto regulatory shifts promise renewed hope and potential resolution to years-long legal battles. XRP’s Future: Ripple CEO Hints at a New Chapter on the Horizon Ripple CEO Brad Garlinghouse shared his views on social media platform X Friday, highlighting potential regulatory shifts for cryptocurrency under […]

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Ripple CEO Loses Bank Account After 25 Years, Given 5 Days to Withdraw Funds

Ripple CEO Loses Bank Account After 25 Years, Given 5 Days to Withdraw FundsRipple’s CEO has revealed that his 25-year-old bank account was closed due to his role leading a crypto company, underscoring rising regulatory pressures and uncertain U.S. policies. Ripple CEO Brad Garlinghouse’s Bank Account Closed by Major Institution After 25 Years Ripple CEO Brad Garlinghouse has disclosed he was recently debanked, citing increased regulatory scrutiny impacting […]

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Ripple ‘made a mistake’ not talking to regulators early, says CEO

Ripple should have engaged with US regulators a lot earlier, says the firm’s CEO Brad Garlinghouse, adding it’s now “trying to make up for lost time.”

Ripple Labs CEO Brad Garlinghouse conceded that his company should have engaged with United States regulators earlier, and now it and the crypto industry are playing catch-up after being on the receiving end of legal enforcement actions.

“I’ve made far more trips to DC in the past few years than I did in the years before that,” Garlinghouse said in an Oct. 23 appearance at DC Fintech Week.

Ripple is one of the US crypto firms that has been entangled in a legal battle with the Securities and Exchange Commission, a regulator many US crypto executives claim is antagonistic and unfair to the industry.

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Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat

Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory HeatTesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s potential amid regulatory scrutiny. Musk emphasized that cryptocurrency plays a crucial role in promoting individual freedom and countering centralized control. His comments were well-received by XRP supporters, highlighting the growing importance of crypto in shaping future financial […]

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2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal

2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP AppealRipple’s chief legal officer has highlighted two potential outcomes for the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit over XRP. He explained the SEC’s best-case scenario and noted that Ripple’s Fair Notice defense remains solid. The Ripple legal chief also reaffirmed XRP’s non-security status despite the appeal. 2 Outcomes: Ripple’s Stuart […]

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XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike

XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares CounterstrikeRipple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appeal, as both parties brace for a prolonged legal […]

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Going Public ‘Isn’t a High Priority’ for Ripple, Says CEO Brad Garlinghouse – Here’s Why

Going Public ‘Isn’t a High Priority’ for Ripple, Says CEO Brad Garlinghouse – Here’s Why

The possibility that blockchain payments firm Ripple will go public is low, according to the company’s CEO, Brad Garlinghouse. In a new interview, Garlinghouse says that Ripple is not is not eyeing an initial public offering (IPO) because of its relationship with the U.S. Securities and Exchange Commission (SEC). Ripple and the SEC have been at odds […]

The post Going Public ‘Isn’t a High Priority’ for Ripple, Says CEO Brad Garlinghouse – Here’s Why appeared first on The Daily Hodl.

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SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?

SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a […]

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