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Hi, hive community this is Faiz and you should read this ripple's important update. Ripple is one of the top coins in the market which is why it has been always in the talk. If you are a ripple holder then this topic is the most important for you and also as a crypto community member, you should know the updates and news of every single crypto. Also for the trader, this is the most important fundamental analysis to see.
Executives at Ripple are excited about the cryptocurrency's increasing sway over US policy, praising blockchain's revolutionary potential and Washington's willingness to implement pro-innovation regulations.
Ripple executives celebrate crypto's growing role in US policy
After a number of high-profile events in Washington, D.C., this week, Brad Garlinghouse, the CEO of Ripple, expressed his joy on the social networking platform X. These included activities like the Crypto Ball, the President's Dinner, the Vice President's Dinner, and a Capitol tour that were connected to the recent inaugural ceremony.
In light of these encounters, Garlinghouse voiced hope for blockchain and cryptocurrency's increasing acceptance. He stated:
From the Crypto Ball, to the VP Dinner, to the POTUS Dinner, to the sit down at the Capitol yesterday – here’s to a thoughtful eagerness for all the good that can be done by leveraging crypto and blockchain in the US (finally!) and globally.
Garlinghouse expressed his confidence about the political climate by congratulating former President Donald Trump and Senator J.D. Vance.
Government's involvement in the cryptocurrency industry
This optimistic view coincides with a general change in cryptocurrency policy, especially under Trump's administration, when he first expressed doubt about digital assets. His administration did, however, later take a more positive attitude by appointing pro-crypto authorities, including the heads of the Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC). These experts have worked to put laws into place that safeguard innovation in the cryptocurrency industry while maintaining market openness and regulatory certainty. Industry leaders like Garlinghouse commend this well-balanced strategy for fostering the development of blockchain technology and digital assets without impeding innovation.
Stuart Alderotti, the chief legal officer at Ripple, echoed Garlinghouse's views on X that same day, concurring with the CEO's assessment of the government's involvement in the cryptocurrency industry. Alderotti underlined that he couldn't have expressed it more clearly than Garlinghouse:
This administration understands our industry and the law. How refreshing.
Together, their remarks demonstrate a rising conviction among executives in the cryptocurrency sector that American authorities and legislators are starting to recognize the revolutionary potential of blockchain technology, both domestically and internationally. Share this article on x (Twitter), Instagram, Facebook, and Reddit I am waiting for your comment because I read your every comment, so don't forget to put your important opinion. Guess the Bitcoin price after 24 hours so that we can see what is the mood of people. so do it, and now I am saying goodbye to you I will share my next blog soon.
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