CryptoIntelligence
2024-06-02 18:33:41

Ripple Strengthens Commitment to Blockchain Amid Regulatory Challenges, Eyes Future Crypto ETFs

Ripple remains steadfast in its commitment to blockchain technology despite regulatory hurdles, exemplified by its $25 million investment in Fairshake. This move aligns perfectly with their goal of driving global crypto adoption. In a recent interview at Consensus 2024, Ripple CEO Brad Garlinghouse highlighted the urgent need for improved U.S. policies and regulatory frameworks for cryptocurrencies. Garlinghouse stressed the importance of clarity in regulation, criticizing the SEC’s inconsistent approach to the crypto industry: “For the U.S. to remain competitive, it is crucial to establish clear and consistent crypto regulations. The SEC’s contradictory lawsuits create confusion.” He argued that updated policies

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