Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Ripple Chairman Makes Waves by Donating $1M in XRP to Kamala Harris Campaign

Ripple Chairman Makes Waves by Donating $1M in XRP to Kamala Harris Campaign

Cryptodnes2024/10/12 13:06
By:Cryptodnes

Chris Larsen, the Chairman of Ripple, has made a significant move by donating $1 million in XRP to support Kamala Harris in her presidential campaign.

This donation marks a milestone as it’s Harris’s first cryptocurrency contribution and highlights Ripple’s endorsement amid ongoing legal challenges with the SEC.

Larsen’s contribution went to Future Forward USA, a super PAC advocating for Harris’s candidacy in the upcoming election. He also joined 88 other business leaders in endorsing Harris, which includes notable executives from major companies.

This support is particularly noteworthy given the ambiguous regulatory environment surrounding cryptocurrencies. By backing Harris, Ripple distinguishes itself from other firms that tend to favor candidates with a more positive stance toward crypto regulations.

READ MORE:
Neiro Cuts Ties with Controversial Market Maker Amid Community Scrutiny

Additionally, Gene Sperling, a former Ripple board member, has joined Harris’s campaign, enhancing the link between the cryptocurrency company and the candidate. Sperling’s experience in economic policy may signal a focus on financial technology and digital asset regulation if Harris wins.

The backdrop of this support is Ripple’s ongoing legal battle with the SEC, which accuses the firm of selling unregistered securities via XRP . Despite a recent court ruling stating that XRP is not a security, the lawsuit remains unresolved.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Web3 ai Could Lead 2025’s Best Cryptos With 1,747% ROI, Outshining Toncoin & Chainlink’s Performance

Toncoin (TON) and Chainlink (LINK) show strong market positions, but Web3 ai’s AI-driven platform and sub-$0.001 price point may offer greater potential for exponential growth.Toncoin (TON): Leveraging Telegram’s Ecosystem for GrowthChainlink (LINK): Technical Indicators Point to Potential BreakoutWeb3 ai: Affordable Entry with AI-Driven Security ToolsClosing Thought

Coinomedia2025/05/24 23:40
Web3 ai Could Lead 2025’s Best Cryptos With 1,747% ROI, Outshining Toncoin & Chainlink’s Performance

Ethereum Set to Soar Past $4,000 Again

Ethereum eyes a comeback above $4,000 with a projected 55% surge amid rising market optimism.What’s Driving the Ethereum Rally?Could Ethereum Break Past Its All-Time High?

Coinomedia2025/05/24 23:40
Ethereum Set to Soar Past $4,000 Again

Lark Davis: Best Time to Make Money in Crypto

Crypto analyst Lark Davis says this is the best time to make money in crypto. Here’s why you should pay attention now.Why This Window Matters So MuchHow to Lock In for Maximum Gains

Coinomedia2025/05/24 23:40
Lark Davis: Best Time to Make Money in Crypto

Top Rated Cryptos to Buy in 2025: BlockDAG, Tron, Polygon, and Polkadot Line Up Ahead of Q3 Shift

Explore the top rated cryptos to buy in 2025, featuring BlockDAG’s limited-time 'Double Your BDAG' offer, and why Tron, Polygon, and Polkadot are gaining strong attention this year1. BlockDAG (BDAG)2. Tron (TRX)3. Polygon (MATIC)4. Polkadot (DOT)Closing View on Key 2025 Contenders

Coinomedia2025/05/24 23:40
Top Rated Cryptos to Buy in 2025: BlockDAG, Tron, Polygon, and Polkadot Line Up Ahead of Q3 Shift