{"id":100181,"date":"2024-11-20T16:33:00","date_gmt":"2024-11-20T20:33:00","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=100181"},"modified":"2024-11-20T16:33:40","modified_gmt":"2024-11-20T20:33:40","slug":"garlinghouse-predicts-crypto-future-under-trump","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/garlinghouse-predicts-crypto-future-under-trump\/","title":{"rendered":"Ripple CEO Brad Garlinghouse Predicts Crypto’s Future Under Trump"},"content":{"rendered":"\n

Brad Garlinghouse<\/a>, CEO of Ripple Labs, envisions the crypto industry thriving under the Donald Trump government with clear regulations.<\/p>\n\n\n\n

\"Ripple<\/figure>\n\n\n\n

During an interview with Fox Business, Brad Garlinghouse, CEO of Ripple Labs Inc., recently shared his outlook on the crypto industry\u2019s future under President Donald Trump<\/span>. <\/p>\n\n\n\n

Garlinghouse criticized the Biden Administration\u2019s \u201cunlawful war against crypto\u201d and expressed optimism about a new era of clear regulations and growth opportunities with Trump in office. <\/p>\n\n\n\n

He noted the market\u2019s positive response to Trump\u2019s presidency within two weeks of Kamala Harris\u2019s defeat.<\/p>\n\n\n\n

Optimism for the Crypto Industry<\/h2>\n\n\n\n

Garlinghouse highlighted a renewed confidence among industry leaders, stating that Trump\u2019s presidency could provide the regulatory clarity the sector has long sought. <\/p>\n\n\n\n

Reflecting on Ripple's challenges, including the U.S. SEC\u2019s lawsuit over XRP\u2019s classification, he remarked that these legal battles stifled market opportunities. <\/p>\n\n\n\n

However, he sees hope for the crypto industry to thrive in the U.S. \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>once clear and fitting regulations are established.<\/p>\n\n\n\n

\u201cThe U.S. doesn\u2019t lack laws; it lacks clarity. Current regulations don\u2019t align with the new crypto economy,\u201d Garlinghouse explained. <\/p>\n\n\n\n

He also expressed confidence that Trump\u2019s \u201cMake America Great Again\u201d agenda could translate into a \u201cMake Crypto Great Again\u201d initiative.<\/p>\n\n\n\n

Trump\u2019s Pro-Crypto Actions<\/strong><\/h3>\n\n\n\n

Donald Trump has already demonstrated his support for the crypto industry. His pro-crypto transition committee, co-chaired by Tether advocate Howard Lutnick, has signaled his administration\u2019s intent. <\/p>\n\n\n\n

Lutnick is set to serve as Commerce Secretary, while other appointments under the Trump-Vance administration have also leaned toward crypto-friendly figures.<\/p>\n\n\n\n

Although the successor to Gary Gensler as SEC Chair has not yet been announced, the industry anticipates a more crypto-friendly approach. <\/p>\n\n\n\n

Many in the community hope that Trump will follow through on campaign promises, including creating a Strategic Bitcoin Reserve to bolster the U.S.\u2019s position in the crypto economy.<\/p>\n\n\n\n

Ripple\u2019s Prospects and Market Reactions<\/h2>\n\n\n\n

During the interview, Garlinghouse pointed to Ripple\u2019s global market dominance, with 95% of its business outside the U.S., as evidence of crypto\u2019s potential. <\/p>\n\n\n\n

However, he expressed optimism about the possibility of a thriving domestic crypto sector under improved regulatory conditions.<\/p>\n\n\n\n

\u201cThe crypto market has embraced Trump,\u201d he said, pointing to the industry\u2019s rally as evidence of growing investor confidence in the administration's pro-crypto stance. <\/p>\n\n\n\n

Ripple and other blockchain firms are hopeful that Trump's policies will create an environment where the U.S. can reclaim its position as a global leader in the crypto space.<\/p>\n","protected":false},"excerpt":{"rendered":"

Brad Garlinghouse, CEO of Ripple Labs, envisions the crypto industry thriving under the Donald Trump government with clear regulations. During an interview with Fox Business, Brad Garlinghouse, CEO of Ripple Labs Inc., recently shared his outlook on the crypto industry\u2019s future under President Donald Trump. Garlinghouse criticized the Biden Administration\u2019s \u201cunlawful war against crypto\u201d and […]<\/p>\n","protected":false},"author":56,"featured_media":100186,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[21008,12496,4487],"class_list":["post-100181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-brad-garlinghouse-2","tag-donald-trump-2","tag-ripple-labs"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/Ripple-CEO-Brad-Garlinghouse-Predicts-Cryptos-Future-Under-Trump.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/100181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=100181"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/100181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/100186"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=100181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=100181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=100181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}