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Ripple CEO Champions U.S. as Blockchain Hub Amid Legal Challenges

Published 06/22/2024, 03:58 PM
Updated 06/22/2024, 04:45 PM
Ripple CEO Champions U.S. as Blockchain Hub Amid Legal Challenges
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  • Ripple CEO wants the U.S. to be a financial center of next-gen technology.
  • Garlinghouse decried the crypto pushback happening in the U.S.
  • Ripple has been charged for “misleading statements” made by its CEO, Garlinghouse.

Ripple CEO Brad Garlinghouse reiterated his vision for the U.S. to become a global leader in blockchain and cryptocurrency, despite ongoing regulatory challenges and a new lawsuit against the company.

A staunch Ripple supporter, JackTheRippler shared on X, an excerpt from Garlinghouse’s CNBC interview, in which the CEO lamented the kind of pushback the cryptocurrency industry faces from the U.S. government. Garlinghouse stated that the industry is “behind in Washington” and has been forced into a defensive position.

Garlinghouse attributed some of the cryptocurrency industry’s challenges in the U.S. to a lack of understanding among policymakers, while suggesting that some government officials may be intentionally op…

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