Ripple
December 7, 2024
Ripple Unicorn News - December 07, 2024
Ripple CEO Brad Garlinghouse has announced the formation of Fairshake, a crypto-backed super PAC, in response to the SEC's aggressive legal actions against cryptocurrency companies. With SEC Chair Gary Gensler stepping down soon, the crypto industry is keenly observing potential shifts in regulatory approaches.
() Introduction
() Ripple CEO Discusses Launch of Crypto Super PAC Fairshake
Ripple CEO Brad Garlinghouse has announced the launch of Fairshake, a crypto-backed super PAC aimed at advocating for balanced and innovation-friendly regulations in response to the SEC's aggressive legal actions against cryptocurrency companies. This move comes as SEC Chair Gary Gensler prepares to step down, potentially signaling a shift in regulatory dynamics. Fairshake's formation marks a significant step in uniting the crypto industry to influence policy, ensuring a fair regulatory environment that fosters growth and innovation. With Ripple's leadership and the industry's growing influence, this initiative could pave the way for a more collaborative relationship between crypto firms and regulators.
Sources
1 https://www.cbsnews.com/news/fairshake-super-pac-brad-garlinghouse-sec-gensler-60-minutes/
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