U.S. Vice President Kamala Harris is being urged by Brad Garlinghouse, CEO of Ripple, to be explicit about her position on cryptocurrency regulation. This occurs in the midst of discussions about Harris’s choice to skip the 2024 Bitcoin Conference and the administration’s policies regarding digital currencies.
She was expected by many cryptocurrency aficionados to signal a more accommodating view of virtual currencies. Harris’s departure from the event was verified by David Bailey, CEO of the biggest Bitcoin conference in the world.
As posted by @PR Launchpad “Top Crypto Giants @Ripple, @coinbase, and #stablecoin powerhouse @circle have caught the eye of @KamalaHarris‘s advisors. What’s the next big move for #Crypto in the USA? “ It is quite evident that crypto is the next trend in the USA.
This news is, however, just a speculation and doesn’t necessarily mean that it is definitely going to happen.
Garlinghouse advocated for a shift away from partisan prejudice in his evaluation of presidential contenders. His comments came after Paradigm Policy Director Justin Slaughter’s discussion of Harris’s possible implications should she decide to run for president.
Garlinghouse, who prioritizes policy ideas over political ties, feels that political bias and tribalism have impeded the progress of the cryptocurrency industry. This is in line with a growing belief held by executives in the crypto industry that political objectives have eclipsed important policy discussions.
A dull moment never occurs on the blockchain. This week, you should be aware of the following: Bitcoin dropped below $57,000. How fears of inflation and ETF withdrawals contributed to the decline in the cryptocurrency market. International payment companies are adopting stablecoins. Stripe and PayPal have revealed significant changes.
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