Garlinghouse Confident on Crypto Win in Elections

CNBC

Hey folks.

Brad Garlinghouse, CEO of Ripple is very confident about the win of the crypto industry in the United States elections this year as “for the first time in US history, crypto voters will be a significant force in this year’s elections.”

Pro-crypto bills are being lobbied for by US crypto sector executives, and the CEO of Ripple recently discussed the company's victory in the Ripple v. SEC lawsuit.

Furthermore, several crypto lobbyists and lawyers admitted that they were closely involved in helping to draft the FIT21 crypto bill. Chief Executive of the Crypto Council for Innovation, Sheila Warren stated this week that her group worked on some of the provisions "a year and a half, or two years ago".

CEOs of Ripple and the Blockchain Association, Brad Garlinghouse and Kristin Smith, respectively, disclosed a costly lobbying effort in support of pro-crypto legislation during this election year. The plan came to fruition last week when a law supported and prepared by the cryptocurrency industry was passed by the U.S. House.

Democrats are asked again by Brad Garlinghouse to leave Elizabeth Warrens "anti-crypto army" rhetoric and take an attitude that is bipartisan on keeping innovation in the country.

Weeks prior, Garlinghouse had declared that, despite appeals and other reasons, the SEC would ultimately lose the Ripple v. SEC case.

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