Ripple co-founder Chris Larsen thinks crypto is about to witness a regulatory “sea change.”
In a new interview with CNBC, the Ripple executive chairman argues that Senator Elizabeth Warren’s “really misguided war on crypto” ceded leadership in the sector to Singapore and the United Kingdom and failed to protect American consumers from threats like FTX.
Larsen, however, thinks the tides are turning.
“I think the good news now is that we see this sort of bipartisan support from whomever wins the White House, whether it is the Republicans or the Democrats, I think the war on crypto is over. And look, we want to encourage pro-digital asset political leaders.”
Larsen has donated nearly $12 million (largely denominated in XRP) to Vice President Kamala Harris, the Democratic nominee for president.
The Ripple chairman says he’s “really excited” by Harris’ economic message.
“It is a message now of pro-innovation and making sure that our American champions dominate their industries around the world. So I’m excited about that. I think the Harris Administration – their DNA is from the world capital of innovation right here in the Bay Area. The place that’s created more trillion-dollar companies than any place on the planet – she gets that. She grew up here. She knows people who founded these companies.
So I’m just really confident that this is going to be a completely different approach than the failed policy the Biden Administration brought when it came to crypto and digital assets.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
