Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Ripple, a prominent cryptocurrency company, has made a significant political move by donating an additional $25 million to the pro-crypto political action committee (PAC) Fairshake. This second $25 million donation brings the total contributions from Ripple to over $110 million, making it the largest donor to the Fairshake PAC. The funds are aimed at supporting political candidates in the upcoming 2024 U.S. elections who favor cryptocurrency policies. Ripple CEO Brad Garlinghouse emphasized the importance of this contribution in advancing the adoption and regulatory clarity of crypto and blockchain technologies in the U.S. The donation is part of Ripple's broader strategy to influence crypto-related legislation and counter regulatory challenges posed by entities like the SEC.
🚨@Ripple "doubles" its contribution to Fairshake by another $25 million. @bgarlinghouse says Democrats and Biden "have grossly miscalculated how they have engaged on this topic.” 👇 https://t.co/bQNTJht9UP
Crypto has emerged as a pivotal issue in the 2024 elections. @Ripple will continue to support policies, and policymakers, that move the U.S. forward. We must catch up to other major global centers that have committed to clear rules of the road for the industry. https://t.co/drzqPcF5W6
It’s critical that the US catch up with other leading economies and develop sensible (and CLEAR) rules for crypto. Ripple’s latest $25M contribution to Fairshake is an investment in the inevitable march of progress and adoption of Crypto and blockchain technologies - the future…
