JAKARTA - On Wednesday, Ripple Labs Inc. CEO Brad Garlinghouse finally spoke up about a round table meeting attended by him and other crypto industry leaders.
Democratic Congress member Ro fire, organizes round-table discussions on crypto regulation and invites figures such as Garlinghouse and American businessman Mark Cuban.men believe that this meeting will be the first step for the introduction of a strong crypto regulatory framework in the United States.
Since the meeting was held, not much information has been published. However, Garlinghouse through its social media accounts expressed its appreciation to Ro total, describing it as an extraordinary leader who took the time to engage with the crypto industry. Garlinghouse confirmed that Cuban, along with Coinbase's Chief Legal Officer (CLO) Paul Grewal, and Chief Strategy Officer Circle, Dante Disparte, were also present at the meeting. Several leaders from the White House and key members of Congress such as Senator target Gillibrand and Assistant Democratic Leader at the US House of Representatives, Joe Neguse, were also present.
Reporting from Coingape, Fox Business reporter totaling Terrett reported that Anita Dunn, Senior Adviser to the President of the United States, was present at the meeting for about an hour. Terrett highlighted that the participants' initial reaction stated that the meeting was a productive step forward.
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Democrats Remain Anti-Crypto
After the meeting, it turned out that many crypto enthusiasts disagreed, arguing that the Democrats had not yet fully accepted cryptocurrencies. Even Ripple CEO expressed the same sentiment about the majority of Democrats. He believes that they support Gary Gensler's efforts through the Securities and Exchange Commission (SEC) to undermine the crypto ecosystem.
Unfortunately, the majority of Democrats continue to support the fight against cryptocurrencies carried out by Gensler unlawfully hampering America's innovation ability to thrive. No wonder GOP announced its pro-crypto stance. Gensler will be remembered as Luddit in his time, "explained Garlinghouse.
The Democrat's stance on crypto is clear enough, even in the campaign efforts for presidential candidates for the upcoming elections. Republican candidate Donald Trump has voiced his plans to support crypto companies. His rival, President Joe Biden of the Democratic Party, on the other hand, has nominated anti-crypto Democrat Caroline.
Although some Democrats were present at the Ro total round table meeting, Americans did not see they would change their view of crypto in the near future.
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