Chris Larsen has something to say to Joe Biden and Gary Gensler and it's not good.
Why Did Ripple’s Co-Founder Bash Joe Biden and Gary Gensler?Chris Larsen has something to say to Joe Biden and Gary Gensler and it’s not good.
Chris Larsen, the chair and co-founder of Ripple Labs, has asserted that the United States legal system aims to rectify the missteps in crypto policy made by the Biden administration. He highlighted his company’s partial victory against the Securities and Exchange Commission in July, emphasizing that the regulator faltered on critical aspects pivotal to industry regulation.The Ripple co-founder recently expressed his belief that the United States has mishandled its crypto and blockchain policy approach, slamming Biden and Gensler.favoring Grayscale’s application to transform its Bitcoin trust into a spot Bitcoin ETF.
on San Francisco’s standing as the potential “blockchain capital of the world,” despite its established reputation as a tech hub in Silicon Valley. He pointed out that the city no longer holds this distinction, attributing it to the Biden administration’s decision to push the industry overseas for reasons unknown.
Highlighting London, Singapore, and Dubai as prominent global blockchain hubs, Larsen credited their transparent regulations safeguarding consumers and fostering innovation. He also questioned why the U.S., traditionally at the forefront of such initiatives, was not leading this charge and emphasized the need to reclaim that position.
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