Ripple Invests $25 Million in Campaign to Promote Crypto-Friendly Leaders

• Brad Garlinghouse highlights Ripple’s decision to promote campaigns for crypto-friendly political leaders.
• The Digital Chamber of Commerce chastises Senator Warren’s anti-crime bill.
• XRP attorney John Deaton challenges Senator Elizabeth Warren, introducing a campaign against her.

In a recent interview with Bloomberg Crypto, Ripple CEO Brad Garlinghouse asserted the necessity of promoting campaigns for crypto-friendly political leaders. According to Garlinghouse, Ripple, Andreessen Horowitz, and Coinbase have put $25 million to support candidates who “promote constructive regulation and engagement.”

A recent report revealed that crypto exchanges like Coinbase have reportedly stepped back from investing in advertisements, promoting leaders who understand the real meaning and utility of cryptocurrencies. Ripple’s CEO observed that the United States’ current condition where most leaders are ignorant of the nature of cryptocurrencies. He cited,

I think for a lot of politicians, crypto has become a sound bite where they really don’t understand how crypto works. And they say things that actually don’t even back up with facts.

According to a rec…

The post Ripple Invests $25 Million in Campaign to Promote Crypto-Friendly Leaders appeared first on Coin Edition.