News of Trump’s election victory was welcomed by Ripple’s lawyers and leadership as quickly as possible. Chief Legal Officer Stuart Alderoty and CEO Brad Garlinghouse agreed the outlook was positive for the cryptocurrency industry.
They indicate a potential shift in regulatory sentiment that might work to Ripple and XRP’s advantage. This is especially true in light of Trump’s work with Ripple over the past year.
Ripple Executives Optimistic About Trump’s Crypto Stance
Ripple’s CLO Stuart Alderoty thanked both campaigns for restoring ‘the democratic process’ and singled out Trump for special mention of thanks. Earlier this year, Trump met with Alderoty in San Francisco. Alderoty mentioned this, stating,
Thank you to both campaigns for a hard-fought race and for invigorating the democratic process. Congratulations to @realDonaldTrump! You took the time to listen to Ripple’s story when we met in SF this summer, and you prioritized crypto as a key policy issue
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