Summary
- Brad Garlinghouse, CEO of Ripple, said he is wary of the political use of digital-asset (cryptocurrency) regulation.
- He said "digital-asset legislation must not be weaponized," adding that "we can’t afford another Gary Gensler situation."
- The remarks were interpreted as emphasizing the need for policy consistency and neutrality amid debate over the direction of digital-asset regulation in the US.
Forecast Trend Report by Period
Brad Garlinghouse, CEO of Ripple, warned against the political use of regulation on digital assets (cryptocurrencies).
In a Fox Business interview on the 27th (local time), he said, "Digital-asset legislation must not be weaponized," adding, "We can’t afford another Gary Gensler situation."
The remarks are interpreted as underscoring the need for consistency and neutrality in policy, as debate continues over the direction of US digital-asset regulation.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
