AMSTERDAM/NEW YORK - The president of U.S. crypto firm Ripple is "optimistic" that a lobbying push by the crypto industry will yield results in this year's U.S. elections, after her company helped the industry lead a record fundraising haul to back political candidates who are crypto-friendly. San Francisco-based Ripple is the second-largest donor to Fairshake, a so-called super PAC, which has raised $92.
Asked if she was optimistic that the U.S. crypto industry's voice will be heard, Long said, "I’m optimistic, yes. I’m hopeful.” Crypto groups are pushing for lawmakers to pass a bill that would curtail the SEC's oversight of the industry. A report from Public Citizen said that roughly half of the crypto industry's political war chest comes from direct corporate expenditures, primarily from crypto exchange Coinbase and Ripple, with the remainder contributed by venture capitalists. The industry's own data, however, suggests lobbyists could face difficulties in winning support. A survey by U.S.
Donald Trump has called on the Supreme Court to weigh in on his hush-money case as his sentencing looms next month.The former president, who was convicted on 34 felony counts of falsifying business records, is set to be sentenced on July 11, four days before the beginning of the Republican National Convention in Milwaukee.
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