Ripple CEO Praises Trump Administration’s Crypto Push

Ripple CEO Brad Garlinghouse is hailing the Trump administration’s increasing support for crypto, saying it could be a game changer for the industry.

In a tweet on March 7, Garlinghouse looked back at the White House Crypto Summit and CFTC CEO Roundtable.

He pointed to three major priorities emerging from these discussions:

  • Regulatory clarity through Congressional action

  • US Bitcoin reserve and crypto stockpile

  • Treasuries backed stablecoin

“These are major steps forward for crypto in the U.S.,” Garlinghouse wrote on social media platform X, contrasting the Trump administration’s stance with what he called the “hostility of the Biden administration.”

Ripple CEO Acknowledges Key Policy Makers

Garlinghouse credited several key figures for fostering a more open dialogue between crypto leaders and Washington.

He specifically thanked:

  • President Donald Trump for having industry leaders in the White House.

  • David Sacks, White House AI and Crypto Czar, and Bo Hines, Executive Director of the President’s Council of Advisers on Digital Assets, for organizing the summit.

  • CFTC Commissioner Caroline Pham for the great conversations at the commission.

“These are a big shift in how crypto leaders and Washington interact,” Garlinghouse said. “A collaborative approach to regulation.”

Industry Unity and the Road Forward

Beyond the regulatory discussions Garlinghouse encouraged the crypto community to focus on industry goals not infighting between different blockchain networks. He said we need to unite to push for fair regulations that allow innovation and protect investors.

While there’s more to be learned about a US Bitcoin reserve or Treasury backed stablecoin, Garlinghouse is optimistic about Washington’s coming around to crypto. If these happen we could see the US take the lead in crypto policy.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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