Ripple CEO Brad Garlinghouse criticizes the U.S. government, specifically the Biden administration and the Securities and Exchange Commission (SEC), for their hostile stance towards the crypto industry. Garlinghouse argues that the SEC's lawsuit against Ripple and its ambiguous regulations on cryptocurrencies have hindered Ripple's growth and damaged the country's reputation as a global leader in technology and finance. He believes that clear and balanced regulations are necessary for the industry to thrive. Garlinghouse is optimistic about the crypto-friendly policies that may arise under the Trump administration and hopes to expand Ripple's presence in the stablecoin market.



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