Ripple Founder Chris Larsen Predicts Regulatory Sea Change, Says War on Crypto About To End One Way or Another

Ripple co-founder Chris Larsen thinks crypto is about to witness a “sea change” in regulation.

In a brand new interview with CNBC, Ripple’s govt chairman argues that Senator Elizabeth Warren’s “actually misguided battle on crypto” has ceded trade management to Singapore and the UK and failed to guard American customers towards threats like FTX.

Nonetheless, Larsen thinks the tide is popping.

“I believe the excellent news now’s that we’re seeing this type of bipartisan help from whoever wins the White Home, whether or not it is the Republicans or the Democrats, I believe the battle on crypto is over. And look, we need to encourage pro-digital property political leaders.”

Larsen has donated almost $12 million (largely denominated in XRP) to Vice President Kamala Harris, the Democratic candidate for president.

Ripple’s chairman says he’s “very excited” about Harris’ financial message.

“It’s now a message of pro-innovation and guaranteeing our American champions dominate their industries world wide. So I am enthusiastic about that. I believe the DNA of the Harris administration comes from the world capital of innovation right here within the Bay Space. The place the place extra trillion-dollar firms have been created than anyplace else on this planet – she understands that. She grew up right here. She is aware of individuals who based these firms.

So I’m assured that this can be a really completely different strategy than the failed insurance policies that the Biden administration applied when it got here to crypto and digital property.”

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