Ripple Vows Support for Crypto-Friendly Politicians in 2024 US Elections

IconCryptoNewsTerminal Staff29 May, 2024

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Ripple Vows Support for Crypto-Friendly Politicians in 2024 US Elections

Stuart Alderoty, Chief Legal Officer of Ripple, recently made a statement on Twitter, expressing the company's support for politicians who prioritize crypto advancement in the upcoming 2024 US elections. Ripple is committed to backing policies that foster a regulatory environment conducive to industry growth. This announcement follows reports of Ripple's substantial contribution to Fairshake, a super-PAC dedicated to crypto and blockchain advocacy. This move underscores Ripple's proactive approach toward shaping crypto regulations and ensuring the United States remains competitive in the global digital asset landscape. As the industry matures and its influence expands, Ripple recognizes the crucial role of policymakers in shaping its future. By supporting candidates who champion pro-crypto policies, Ripple aims to accelerate innovation and adoption while safeguarding consumer interests. This commitment exemplifies Ripple's long-standing dedication to advocating for a responsible and progressive crypto regulatory framework in the United States.