Ripple CEO Brad Garlinghouse Celebrates Pro-Crypto Candidates and Donald Trump's Win in the 2024 Presidential Election

Crypto candidates such as Bernie Moreno, Ritchie Torres, Kirsten Gillibrand and Andy Barr won the election. The crypto company's hand was strengthened in the Ripple and SEC case due to regulatory clarity. It is possible that this will be a trigger for XRP Coin.

Ripple CEO Brad Garlinghouse expressed his joy over the victories of pro-crypto candidates in the recent US elections, according to Stand with Crypto's data.

“The cryptocurrency voter has spoken decisively. This election cycle saw an unprecedented level of engagement from the crypto community, and the results are clear: pro-crypto candidates won at the ballot box,” Garlinghouse stated.

This election season has been an important gain for crypto supporters. Garlinghouse cheered for candidates like Bernie Moreno, Ritchie Torres and Kirsten Gillibrand, who made their voices heard on crypto issues. Their victories give hope for more balanced and supportive regulations for the industry.

The crypto community has also faced some setbacks, such as John Deaton's defeat to Senator Elizabeth Warren. However, the overall mood remains positive. Many are hopeful that the new Congress will push for clearer regulations that will benefit the crypto market.

As you follow from Kriptokoin.com, Donald Trump has long made promises to address crypto concerns. However, the next steps will show whether the administration will fulfill this.

A turning point in the Ripple and SEC case?

Trump's victory is also important for the Ripple and SEC case, which has long occupied the agenda of the market. The SEC has created a major challenge not only for Ripple but for the entire crypto sector. Garlinghouse's comments suggest that the new Congress could bring the regulatory clarity Ripple has been waiting for.

It is possible that Trump, who is discussing replacing SEC Chairman Gary Gensler, could play a key role in changing the regulatory environment. Therefore, the change of leadership at the SEC could positively impact Ripple's legal battle.

Coinbase's Chief Legal Officer Paul Grewal also hinted that the SEC's influence will diminish if pro-crypto leaders take action. Indeed, Congress is now more open to discussing crypto. Therefore, it is possible that the Ripple case will get the attention it needs.

Garlinghouse expressed his hope that the SEC understands why this political change is taking place. According to him, voters wanted change and they are getting it.