Ripple CEO Brad Garlinghouse shared his views on Democratic presidential candidate Kamala Harris during a recent appearance, commending her approach to digital assets. Despite his company’s official stance of neutrality in the 2024 U.S. presidential election, Garlinghouse expressed admiration for Harris’ handling of cryptocurrency regulation issues.
At D.C. Fintech Week, Garlinghouse contrasted Harris’ nuanced views with former President Trump’s aggressive proclamations about being the “crypto president.” He praised Harris for her support of a regulatory framework for crypto if elected, describing her announcement as a positive step forward for the industry.
While acknowledging Harris’ relatively low profile on crypto compared to Trump, Garlinghouse highlighted her Silicon Valley background and pro-technology stance. He emphasized that both a Harris or Trump victory would likely benefit the crypto industry, signaling a reset and progress from the current administration’s approach.
Garlinghouse noted that the upcoming election is crucial for the crypto industry and expressed optimism about the future under either potential administration. This sentiment was echoed by other industry leaders, suggesting that a change in leadership could bring positive developments for crypto.
In a move that drew attention, Ripple co-founder Chris Larsen pledged significant financial support to Harris’ campaign, raising questions about the company’s political affiliations. Despite criticisms from some quarters, Garlinghouse defended Larsen’s donation and reiterated the company’s commitment to engaging with political figures from both parties.
I respect Chris’ (and everyone’s!) right to support whomever they think is best to lead the U.S.
We need to immediately change course from this administration’s misguided war on crypto.
Ripple will continue to engage with both Democrats and Republicans in the final days of…
— Brad Garlinghouse (@bgarlinghouse) October 21, 2024
Garlinghouse emphasized that he would refrain from endorsing any candidate before the election, maintaining a stance of neutrality. However, his and Ripple’s comments on the potential impact of the election have sparked discussions within the industry about the implications for crypto regulation and development.
Edited by Andrew Hayward
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.
By engaging with political figures from both major parties and emphasizing the importance of regulatory clarity for the crypto industry, Ripple is positioning itself as a key player in shaping the future of digital assets. As the 2024 U.S. presidential election approaches, the company’s leadership is actively involved in discussions about the impact of potential policy changes on the cryptocurrency landscape. Stay informed about the latest developments in the crypto world by visiting [DeFi Daily News](http://defi-daily.com) for more trending news articles like this.
:max_bytes(150000):strip_icc()/Health-GettyImages-1486145188-8cac24c161e846589ad1c53d25f191ee.jpg?w=120&resize=120,86&ssl=1 "Three Methods for Avoiding Kidney Failure")
