Ripple CEO supports David Sacks’ appointment as White House ‘crypto czar’

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Cointime2024/12/08 02:55

By:Cointime

Ripple's leadership supports David Sacks leading the Trump administration's work in the cryptocurrency and artificial intelligence (AI) fields. Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty expressed their appreciation for this move on social media platform X, emphasizing its alignment with innovation-friendly policies. Brad Garlinghouse said: "Congratulations to David Sacks on this appointment - he knows technology like the back of his hand, and more importantly, he will drive President Trump's innovation program in cryptocurrency and artificial intelligence. Dream team!"

Perhaps influenced by this, XRP rose again, surpassing $2.5 and surpassing Tether to return to the third place in the cryptocurrency market value rankings.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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President-elect Donald Trump is open to creating an “America-first” crypto reserve prioritizing U.S.-based coins like USDC, SOL and XRP, the New York Post reported, citing sources familiar with the matter.XRP hit a new all-time high of around $3.39 via major crypto exchanges on Thursday for the first time since January 2018, following a 16% surge in 24 hours and a 455% rise over the past quarter.A Litecoin ETF is the “most likely” next spot crypto ETF to be approved in the U.S., according to Bloomberg anal

The Block•2025/01/16 19:00