Ripple Leader Faces Resignation To Work For Trump
Brad Garlinghouse, the CEO of Ripple, may be leaving the company, according to a recent tweet by cryptocurrency enthusiast JackTheRippler.
According to the tweet, Garlinghouse might resign from his position to become a member of the White House Crypto Advisory Council this year.
This conjecture has sparked additional discussion among cryptocurrency enthusiasts regarding his potential impact on the US digital asset market.
Garlinghouse would have to resign, claiming that his advisory position would not entail direct governance. JackTheRippler retorted that Garlinghouse might play a significant role in forming the U.S. industry for digital assets. Garlinghouse might keep his Ripple stock while assuming a position that allows him to influence policy.
Garlinghouse taking on a government position might be a sign of change in the U.S. crypto industry.
His background guiding Ripple through its legal dispute with the Securities and Exchange Commission (SEC) and promoting more transparent regulatory frameworks may make him a formidable contender to shape national cryptocurrency policy.
Garlinghouse’s possible appointment or resignation from Ripple has not yet been formally confirmed.
The cryptocurrency industry’s stakeholders wait for formal announcements as the rumors spread. Should the U. The appointment of a key person by the government to supervise digital asset policy could be a major turning point in the nation’s cryptocurrency adoption and regulations
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