Ripple co-founder: Looking forward to Harris correcting the Biden administration's wrong policies on cryptocurrency

2024-10-29 12:50:24

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ChainCatcher news, according to Cryptonews, Ripple co-founder Chris Larsen stated in a recent CNBC interview that he believes Vice President Kamala Harris could be a key figure in correcting the Biden administration's mistakes in cryptocurrency policy. Larsen has recently donated $10 million worth of XRP to Harris's campaign, making him one of the largest political donors from the cryptocurrency industry in this election cycle.

Larsen has harshly criticized current SEC Chairman Gary Gensler, calling him "the worst public servant in America." He pointed out that Gensler tends to favor enforcement actions over providing clear regulatory guidelines, leading to uncertainty in the industry. According to civic organizations, the cryptocurrency industry has invested over $119 million in political activities in an effort to influence regulatory decisions.

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