Ripple CEO: No matter who wins the US election, the crypto industry may be "reset"
Brad Garlinghouse, chief executive of Ripple, said cryptocurrencies would undergo a "reset" regardless of the outcome of the upcoming US election. "We're going to see progress going forward, and I'm really looking forward to that," he said. "Kamala Harris is from Silicon Valley, and she's been pro-tech for years, and she's been relatively quiet on the topic of technology. Trump has been active in supporting cryptocurrencies early on and has called himself the president of cryptocurrencies."
In August, Ripple co-founder Chris Larsen donated $1 million in cryptocurrency to a pro-Harris political action committee. Garlinghouse said he also donated to pro-cryptocurrency candidates.