Ripple executives defend political spending after midterm elections
Image: Crypto.newsRipple executives defended the cryptocurrency industry's political standing following the midterm elections. CEO Brad Garlinghouse noted that pro-crypto candidates secured victories across both political parties. Chief Legal Officer Stuart Alderoty defended the performance of the Fairshake political action committee. Fairshake won 29 of 34 decided races despite facing expensive defeats. Ripple confirmed that political engagement and advocacy will remain part of its ongoing strategy.
Key points
- Ripple executives defended the cryptocurrency industry's political standing after the midterm elections.
- CEO Brad Garlinghouse stated that pro-crypto candidates won seats across both political parties.
- Chief Legal Officer Stuart Alderoty defended the election performance of the Fairshake political action committee.
- Ripple confirmed that political engagement through super PACs and advocacy groups will continue.
Why it matters
Cryptocurrency companies maintain political involvement through super PACs and advocacy groups to pursue federal rules for digital assets.
Sources · 2 publishers
Bitcoin.com News
Tier 2
Ripple CEO Says Crypto Is Here to Stay as Pro-Crypto Lawmakers Win
Coverage timeline
- First reported by Crypto.news
- Also reported by Bitcoin.com News
- CryptoVideos brief published
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